Published: Sunday February 12, 2012 MYT 4:53:00 PM
Updated: Sunday February 12, 2012 MYT 9:40:42 PM
RM200mil fund for JB's waterfront development project
JOHOR BARU: The federal government has approved a RM200mil facilitation fund to kick-start the state's first waterfront development project.
Prime Minister Datuk Seri Najib Tun Razak, speaking at Danga Bay's 15th anniversary event here Sunday, said the project would give Johor Baru a major facelift.
The planned projects include a cruise terminal, shopping malls, and trade and exhibition complex.
Najib also announced the setting up of the RM50mil Danga Foundation to fund scholarship programmes, research grants, and aid to charities and the needy.
Also present was Johor Sultan Ibrahim Iskandar and his consort Raja Zarith Sofiah.
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