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.
Forest City: Inside Malaysia’s Chinese-built ‘ghost city’ – BBC News
