Bandar Malaysia

This project was to be built at the current Sungai Besi Air Base site over 20 years.

[4][3] The project was ready to restart in 2021, after the settlement of a RM1.24bil payment to the Federal Government by IWH-CREC but has since been indefinitely postponed.

However the deal fell apart on 3 May 2016 with the reason of failure to meet payment obligations announced by Ministry of Finance of Malaysia (which owned 1MDB).

In a joint conference at Sofitel Beijing Hotel with Wanda Dalian Group, Wanda Dalian Group expressed deep interest to participate in Bandar Malaysia but abandoned its interest months later.

[7][8][9] In July 2017, Ministry of Finance launched a request for proposal and up to seven Chinese and two Japanese companies have submitted proposals said to be valued between RM30 billion and RM43 billion for the Bandar Malaysia project but no further elaboration were made by the Ministry of Finance.