Iskandar Malaysia

I believe that you do not need to be a Johor Bahru resident to notice the Iskandar project, which now could well exceed the RM100 billion cumulative investment mark. 

To those who have never heard of this project, wiki:

Iskandar Malaysia, formerly known as Iskandar Development Region (IDR) and South Johor Economic Region (SJER) is the main southern development corridor in Johor, Malaysia. The Iskandar Malaysia was established on 30 July 2006.

The project is administered by Iskandar Regional Development Authority (IRDA) and was named after the late Sultan of Johor, Almarhum Sultan Iskandar.

The official website 

It is a great project on paper and it seems that everything is going smoothly. "Iskandar Malaysia" will be on my google alert list for the foreseeable future. What do you think of this project?