Bahrain, Middle East and North Africa Ventures
Wong had co-founded Middle-east Transit Corporation (METRANS), together with Sheikh Saud bin Salman Al-Khalifa and Abdul Wahab Al-Zaid. The Bahrain-based company extends its arm over the entire Middle-east. The company had arranged for the facilitation of Monorail proposal into the City of Medina in the Kingdom of Saudi Arabia, working with MTrans Monorail of Malaysia. He had also financed MTrans Monorail's planners to explore the feasibility of Monorail Urban Transit into cities of Aman (Jordan), Istanbul and Ankara (Turkey), Karachi (Pakistan) as well as Cairo (Egypt). Wong aimed to move his Middle-east base away from Bahrain to Qatar.
Wong was an associate of the late Mr. Haitham O. Himut who founded Strategic Enterprise Corporation (SECORP) of Saudi Arabia. Haitham was also a shareholder in METRANS and was also involved in the original iTeknocity proposal of Bahrain. Haitham persuaded Wong to invest into Middle East and North Africa (MENA) region. Wong initially represented SECORP in Singapore until 2006 and extended his support for SECORP via the CNSG Consulting Group. The relationship led to the preparation of venture strategies covering Sudan projects, including the NGIP Programmes within the proposed Nubia Free Zone, in the Arabic-speaking part of North Sudan. SECORP also persuaded WONG to explore Ain Al-Sukhna in Egypt for a new technology township development. SECORP also lef Wong to Indonesia working on a version of Bogor Cyber Park proposal, taking up two of the seven plots in Phase I. Wong wrote off the bulk of his investment in MENA after the passing of Haitham, which halted all the projects. He shifted his focus to Côte d'Azur in France and Athens in Greece.
While most of his ventures in Saudi Arabia, including exhibitions (e.g. ITCN Saudi Arabia - Dammam), are all located to the Eastern Province, he was interested in 'Asir province and around the Red Sea for higher value-add technologies, health sciences and sustainable urban redevelopment projects. His difficulties in securing a feasible site in 'Asir prompted him to finally focused his efforts on African continent instead.
Read more about this topic: Wong Jeh Shyan
Famous quotes containing the words middle, east, north, africa and/or ventures:
“There’s no telling what might have happened to our defense budget if Saddam Hussein hadn’t invaded Kuwait that August and set everyone gearing up for World War II½. Can we count on Saddam Hussein to come along every year and resolve our defense-policy debates? Given the history of the Middle East, it’s possible.”
—P.J. (Patrick Jake)
“An inexperienced heraldist resembles a medieval traveler who brings back from the East the faunal fantasies influenced by the domestic bestiary he possessed all along rather than by the results of direct zoological exploration.”
—Vladimir Nabokov (1899–1977)
“The North American system only wants to consider the positive aspects of reality. Men and women are subjected from childhood to an inexorable process of adaptation; certain principles, contained in brief formulas are endlessly repeated by the press, the radio, the churches, and the schools, and by those kindly, sinister beings, the North American mothers and wives. A person imprisoned by these schemes is like a plant in a flowerpot too small for it: he cannot grow or mature.”
—Octavio Paz (b. 1914)
“Everywhere—all over Africa and South America ... you see these suburbs springing up. They represent the optimum of what people want. There’s a certain sort of logic leading towards these immaculate suburbs. And they’re terrifying, because they are the death of the soul.... This is the prison this planet is being turned into.”
—J.G. (James Graham)
“Wine and cheese are ageless companions, like aspirin and aches, or June and moon, or good people and noble ventures ...”
—M.F.K. Fisher (1908–1992)