User:Eurodog/sandbox94
Founded | October 10, 2006 |
---|---|
Headquarters | The Willard Office Building 1455 Pennsylvania Avenue Washington, D.C. |
Owners | Imran Markar Joe Reeder Mostafa Salim Vafa Valapour |
Website | www |
United World Infrastructure, LLC (UWI), is a privately-held American company operating globally.[1] The CEO in 2009 was Imran Markar, PhD.[2][3] The company designs and develops national infrastructure assets and urban economic clusters by collaborating directly and exclusively with national governments and regional municipalities to acquire, invest, design, build, and operate real-estate projects. Additionally, UWI provides urban planning and city management services. United World Infrastructure, LLC, was incorporated October 10, 2006, in Delaware, and registered 2008 in Washington, D.C., as a foreign corporation. Executive offices are headquartered in Washington, D.C., with additional offices in Dubai and Malaysia.
History
[edit]United World Infracture, LLC, was an outgrowth of Jumeirah Capital Limited, which was founded July 2004 in Dubai. In October 2006, Jumeirah Capital established a second office in Washington, D.C., to coordinate infrastructure investments and development activities. UWI is privately held by Imran Markar, PhD,[1] Joe Reeder, Mostafa Salim,[4] and Vafa Valapour.[5]
Areas of concentration
[edit]UWI cities [i] are developed in countries where governments and municipalities seek private sector partnerships to meet urban demographic needs. UWI focuses on five key sectors including built environments,[6] policy frameworks,[1] investments,[7] city management services,[8] and urban ecology.[ii]
Built environments
[edit]UWI built environments comprise a range of asset classes of various magnitude, built to support resident needs. Developments include cities, districts, economic clusters, business centers, hospitals, and entertainment centers.
Policy Frameworks
[edit]Policy frameworks refers to UWI’s city regulations that are designed in collaboration with local government agencies. UWI's methodology is to customize and establish policies for special economic zones, that include investor-friendly incentive packages for catalyst developments and support foreign investors, visitors, and future citizens of the city. A centralized one-stop-shop system streamlines administrative procedures, and supports the formation of new businesses.
Investments
[edit]UWI has invested in and structured large-scale, alternative investment opportunities[9] which include land developments, urban infrastructure developments and concessions, and real estate assets. UWI forms partnerships with government linked entities, and determines an investment strategy that meets the government’s strategic vision for development and reduces reliance on public funds and debt. This provides investors with future returns from urban developments.
City management services
[edit]UWI forms partnerships with local and international infrastructure developers and operators that focus on international standard city management services in UWI cities.[10] Stakeholders utilize progressive technologies and smart systems that preserve the environment, minimize energy consumption, and reduce costs. Mitsui & Co., Ltd., one of the most diversified and comprehensive trading, investment and service enterprises in the world, provides intelligent systems[11] in Medini City.
Happiness & Well-being Index
[edit]On International Day of Happiness, March 20, 2017, UWI launched a new approach[ii] to advance happiness in cities through their own urban developments as well as a consulting services division which would provide support to governments seeking to improve the happiness of residents.
This approach utilizes UWI’s proprietary Happiness & Wellbeing Index[12] to assess communities and then implements a framework to develop recommendations for the policy framework, built environment, and city management services which support improvements in happiness and wellbeing.
The multidimensional index includes self-reported, subjective measures of happiness such as life satisfaction, fulfillment, and emotional effect as well as subjective and objective measures of wellbeing in 9 domains: communal, ecological, cultural, social, physical & mental, financial spiritual, intellectual, and civil.
These measures consider a variety of supranational and national happiness reports and indices including the following: The World Happiness Report (United Nations Sustainable Development Solutions Network), Global Well-Being (Gallup-Healthways Well-Being Index), the Better Life Index (OECD), Gross National Happiness of Bhutan, and Guidelines for Measuring Subjective Well-Being (OECD).
New cities
[edit]Medini Iskandar Malaysia
[edit]Established in 2007, MIM’s shareholders include Khazanah Nasional Berhad (KNB), United World Infrastructure (UWI), and Mitsui & Co., Ltd.
Medini Iskandar Malaysia (Medini City) is 2,230 acres (9.0 km2)* of land in Johor, Malaysia. Located 40 minutes from the Singapore Changi Airport, the city is developed for a population of 400,000[13] by 2030. It is Malaysia’s largest single urban development, known as the smart and connected Central Business District of Iskandar Puteri. The gross development value of Medini stands at US$20 billion spanning 15 to 20 years.
UWI city investment partners include Khazanah Nasional, Mubadala Development Company, Temasek Holdings – the sovereign wealth funds of Malaysia, Abu Dhabi, and Singapore – the Kuwait Finance House, and Aldar Properties PJSC.
Signature developments include Mall of Medini,[14] Sunway Iskandar,[iii] Avira, Afiniti Medini, Pinewood Studios, and Legoland Malaysia Resort,[15] the first Legoland in Asia, which has over 70 attractions.
Proprietary developments in Medini include infrastructure capacity for a population of 400 thousand people, road development of 60 kilometres (37 mi),[16] a water reservoir that holds 18,000,000 imperial gallons (82,000,000 L),[iv] 58 covered bus stops, 1000 custom lamp posts, 6-way ducts and fibre optic cable networks for 400 thousand citizens, the development of cross-city ICT and facilities management services[17] for more than 100 residential and commercial buildings, and master planned communities of 200,000,000 square feet (19,000,000 m2) of building space.
Medini's regulatory framework was created in collaboration with Medini Iskandar Malaysia and the Iskandar Regional Development Authority (IRDA) to attract investors and support national economic development. IRDA facilitates licensing and registration requirements for new businesses and investors. Fiscal and non-fiscal incentive packages apply in Medini[13]
The city of Medini has 6 economic clusters, composed ("comprised" might be the wrong usage) of Zones A through F.
Zone A: | Medini North (Zone A)[v] is located at the northern tip of the city, and spans 570 acres (2.3 km2)*. Legoland theme park, Mall of Medini, and Afiniti, the Urban Wellness project, are in Zone A, that caters to corporate professionals. |
Zone B: | Zone B,[vi] planned to be the business and media district of the city, consists of 351 acres (1.42 km2)* of land. Its core use is targeted for a Commercial Centre, SME Business Park, Hotels and Hospitality. Residential zones, communal and leisure facilities will support Zone B's concept of being a business cluster. |
Zone C: | The Medini Central cluster that spans 620 acres (2.5 km2)*, is also known as the Trade and Logistics Zone (Zone C).[iii] As the operational hub of Medini Central, Zone C encompasses integrated services including warehousing, distribution (transport and freight services), packaging and business process outsourcing. |
Zone D: | Zone D is the Creative Zone of Medini Central, and contains infrastructure that supports the transformation of Medini Central through constantly evolving technology. Zone D is marketed to international companies that are involved in creative research and development, animation, broadcasting, movies, digital content and application sectors. |
Zone E: | Zone E , the Heritage Zone of Medini Central, and spans an area of approximately 210 acres (0.85 km2)* acres. This zone includes luxurious residential landed properties and condominiums that will be surrounded by a clubhouse and a resort hotel, a private school and a suburban commercial center as part of a mixed-use development that focuses on security for residents, optimal walkability, and reduced traffic. Collectively, the zones, according to UWI literature, form a lively urban ecology with a 24-hour lifecycle for residents, investors, new business owners, and visitors. |
Recognition and affiliations
[edit]Awards
- Green Champion of Emerging Green City
- Green Champion of Smart and Green Infrastructure
The awards are sponsored by the Institute of Parks and Recreation Singapore and World Urban Parks Association. The Medini project was an initiative of Medini Iskandar Malaysia Sdn Bhd, a public-private partnership between Malaysian Government Linked Companies (GLCs) and private investors, including Khazanah Nasional Berhad, UWI, and Mitsui & Co, Ltd.[18]
- 2017 – Medini 10, Medini Iskandar Malaysia Sdn Bhd, won two awards
- Best Commercial Development Award
- Best Commercial Development (Malaysia) Award[19]
- 2016 – MSC Malaysia Cybercentre-Status
- "Malaysia Cybercentre Status" (MSC) was earned for the multimedia super-corridors within the Pulse, a premier commercial development, and the Compass, a luxury commercial development
Affililations
- Member, World Economic Forum
Other infrastructure development organizations
[edit]National government
- Infrastructure Development Company Limited, Bangladesh
- National Infrastructure Development Company, Trinidad and Tobago
- Temasek Holdings, Singapore
- French Development Agency
Public companies
See also
[edit]References
[edit]Notes
[edit]Inline citations
[edit]- ^ a b c "Unlocking Potential Through Smart and Sustainable Township", by Elain Boey, The Edge Property, September 23, 2013, pps. 6–7; OCLC 1003127838
- ^ "Corporate Financing in East Asia Before the 1997 Crash", by Gishan Dissanaike, PhD (né Gishan Romesh Dissanaike), & Imran Markar, PhD, Journal of International Business Studies, Vol. 40, No. 6, August 2009, pps. 990–1004; ISSN 0047-2506; OCLC 5544636487 (retrieved November 21, 2017, via www
.jstor .org /stable /40262822) - ^ "An Empirical Study of Corporate Financing in East Asia before the Financial Crisis of 1997" (PhD dissertation), by Imran Markar, University of Cambridge (1999); OCLC 499978190
- ^ "Infrastructure: An Investment Priority in the UAE" (translated from Arabic), Arabian Business, September 4, 2017; ISSN 1470-6520 (retrieved November 21, 2017)Interview: Mustafa Salim asserts that, as the region shifts away from dependence on oil, governments are increasing investment in education, health, and social welfare.
- ^ "Face to Face: Vafa Valapour, UWI", by James Morgan, ConstructionWeekOnline.com, October 23, 2016; OCLC 988825075, 988825075 (retrieved November 17, 2017)
- ^ Building A City From Scratch: How Middle East Money Is Creating A New City In Malaysia", by Dominic Dudley, Forbes, Mary 23, 2017
- ^ "Beyond Bricks and Mortar, Cities Can Be Equalizers", Newsweek, May 9, 2017
- ^ "UWI project wins global smart city awards", Trade Arabia, August 22, 2017
- ^ Iskandar Malaysia's Medini Launched at Cityscape Dubai 2008", MEED (can't access this article)
- ^ "Township Management, UEM Sunrise Edgenta form JV company", by Francis Dass, New Strait Times, January 13, 2016
- ^ "MIMSB gets Mitsui as strategic partner", The Star, May 31, 2013
- ^ Dubai Developer Launches New Happiness Advisory", Trade Arabia, March 20, 2017
- ^ a b "A Twin, and Rival, to Singapore Rises in Malaysia", by Sonia Kolesnikov-Jessop, New York Times, June 29, 2010
- ^ Mall of Medini in Johor Opens First Phase", The Star, October 2, 2012
- ^ "Legoland Malaysia Lays Bricks to Emulate Orlando: Southeast Asia", by Pooja Thakur, Bloomberg News, September 13, 2012
- ^ "Piece by piece, Malaysia Builds New Metropolis by Singapore", by Xue Jianyue, Reuters, July 7, 2011
- ^ "Aldar and Millennium to Develop Financial District in Malaysia", Gulf News, September 24, 2008
- ^ a b "Dubai’s UWI wins global awards for Malaysia project," by Fatima De La Cerna, Arabian Industry, August 22, 2017 (retrieved November 21, 2007)
- ^ "Southeast Asia Property Awards Names Winners", Borneo Post, August 13, 2016
Primary sources
[edit]- ^ "United World Infrastructure to Offer New Cities and Urban Centers to 15 Million People by 2030", (press release), Zawya, February 21, 2017
- ^ a b "Expanding Happiness From Individuals to Whole Cities: Development Indices Need to Integrate Measures on Personal Fulfillment as Well", by Imran Markar and Aubrilyn Reeder, Gulf News, March 29, 2017
- ^ a b Sunway Iskandar" (primary source), Medini Iskandar Malaysia Sdn. Bhd. (retrieved November 22, 2017)
- ^ "Medini Development Project", United World Infrastructure (website) (retrieved November 22, 2017)
- ^ "Zone A", United World Infrastructure (website) (retrieved November 22, 2017)
- ^ "Zone B", United World Infrastructure (website) (retrieved November 22, 2017)
- Category:American companies established in 2006
- Category:Privately held companies based in Washington, D.C.
- Category:Companies based in Dubai
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- Category:Social inequality
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