Iris upbeat on Oceania foray

Iris Corp Bhd group managing director Datuk Tan Say Jim

KUALA LUMPUR: Iris Corp Bhd’s property development foray into Solomon Islands is estimated to generate a potential gross development value of RM1bil and see its “Smart Village” template being replicated overseas.

Group managing director Datuk Tan Say Jim told StarBiz the venture materialised when the group chanced upon a Sarawakian partner who owned land in Soloman Islands. Iris will provide its IRIS-KOTO industrialised building system (IBS) for the development, which Tan claimed allowed for the construction of a double-storey bungalow in four weeks.