Gerbang Nusajaya is a S$15.7 billion, 4,551-acre development in Iskandar Puteri, one of the five zones of Iskandar Malaysia, the main southern development corridor in Johor, Malaysia. The site is the second phase of development of Nusajaya and is being developed over a 25-year period by Malaysian firm UEM Sunrise Berhad.
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Major projects in Gerbang Nusajaya include a tech park, a motorsports hub, and mixed commercial and residential properties.
The development is expected to house a population of 220,000 and to create 76,000 direct and 137,000 indirect jobs.
Nusajaya Tech Park
In October 2012 Singapore’s Ascendas Land International Pte Ltd and UEM subsidiary UEM Land Holdings set up a 60:40 joint venture to develop a $1.2 billion 519-acre industrial park in Nusajaya. The park will be developed in three phases over nine years and will host 34,000 businesspeople across electronics, pharmaceuticals, food processing, engineering, FMCG and logistics. It is due for completion in 2023.
In March 2015 Telekom Malaysia Berhad partnered with Nusajaya Tech Park Sdn Bhd to develop a data centre, ICT infrastructure and smart services on the site.
FASTrack Iskandar
In December 2012 it was announced that Singapore firm FASTrack Autosports Pte Ltd and UEM Land Holdings would develop a RM3.5 billion motorsports hub in Gerbang Nusajaya, due for completion in 2016. The central feature of the hub is a $100 million 4.5km F1-grade circuit designed by German racetrack designer Hermann Tilke.
Mixed property
In February 2014 UEM Sunrise and Malaysian plantation firm Kuala Lumpur Kepong Berhad (KLK) announced a RM5 billion joint venture to develop residential and commercial property on 500 acres of land in Gerbang Nusajaya.