In Malaysia, The Latest White Elephant: The Melaka Gateway

Dr Francis Hutchinson, Senior Fellow, ISEAS-Yusof Ishak Institute

10-Dec-20 07:47

In Malaysia, The Latest White Elephant: The Melaka Gateway

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Three artificial islands, a RM43 billion price tag and announced by now-disgraced former Prime Minister Datuk Seri Najib Razak in 2014, the Melaka Gateway could not have had a more auspicious start.

But all has unravelled. Dr Francis Hutchinson, Senior Fellow at the ISEAS-Yusuf Ishak Institute, unpacks Malaysia's latest white elephant.

Image Credit: Prehistorik / Shutterstock.com

Produced by: Arleen Webber

Presented by: Khoo Hsu Chuang, Wong Shou Ning

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Categories: Business Analysis, Trends and Forecasts, Markets, Politics, Social Issues, law & legal matters, Property, Investments

Tags: melaka gateway, white elephant, china, belt and road, najib razak, kaj development berhad,

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