China’s largest property developer Country Garden unveiled Forest City – a $100bn (£78.9bn) mega-project – in 2016.
In Malaysia, Country Garden’s plan was to build an eco-friendly metropolis featuring a golf course, waterpark, offices, bars and restaurants. The company said Forest City would eventually be home to nearly one million people.
Eight years on, only 15% of the project has been built and, according to recent estimates, just over 1% of the total development is occupied.
Despite facing debts of nearly $200bn, Country Garden told the BBC it is "optimistic" the full plan will be completed.
Subscribe here: http://bit.ly/1rbfUog
For more news, analysis and features visit: www.bbc.com/news
#ForestCity #China #Malaysia #BBCNews
L'edizione della notte del Tg diretto da Enrico Mentana
L'informazione della testata giornalistica di LA7 diretta da Enrico Mentana
The Metropolitan Police say they are reviewing allegations of misconduct in a public office after new files suggest Peter Mandelson…
UDINE (ITALPRESS) – La Roma frena e perde il quarto posto. Nel Monday Night della 23^ giornata di Serie A,…