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The new government will conduct a study to determine the feasibility of the Carey Island port project, estimated at RM 200 billion, said Transport Minister Anthony Loke
Loke said that the Port Klang Authority (PKA) needed for another port near Northport and Westports at Port Klang.
"The government no longer operates the ports.The concession will be granted to the private sector – but the feasibility studies will be conducted by the government," he said at a press conference.
"Right now, (the project) is in its infancy, the previous government has not given approval for a third port," he added.
The port of Carey Island, if approved, will be run by private initiatives, said Loke
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Meanwhile, PKA General Manager K Subramaniam was optimistic about the need to develop Port Klang – although the timing, scale and costs will have to be studied.
"We must go forward," said Subramaniam
"The development of the ports is a long-term initiative. [But] any decision will pass through the government, and we are eager to lead the Study, "he added.
There is talk of a third terminal in the Port Klang area for years, with opinions the proposal to build a gargantuan port on the island of Carey with an annual production capacity of 30 million containers.
It is understood that the development will be done at the same time as a maritime town on the island including industrial parks, free zones, In April of last year, the l & # 39; MMC Corp. Bhd MMC Port Holdings Sdn Bhd and Sime Darby Property Bhd have signed a memorandum of understanding with India's largest private port operator Adani Ports and Special Economic Zone Ltd to study the feasibility of developments in the region. Carey Island
The viability of the project was questioned after the previous Barisan Nasional government gave Westports Holdings Bhd the green light to undertake ts 800 million RM "Westport 2". expansion last year
Carey Island is also home to the Mah-Meri Orang Asli tribe, which has retained its unique culture and lifestyle despite successful assimilation into the modern age.
The island is a tourist attraction famous for its seafood specialties, as well as for its thriving traditional and cultural presentations of the inhabitants. It is also home to oil palm plantations owned by Sime Darby Plantation Bhd.
In the same vein, Loke said the ministry would also launch a separate study to determine whether a second digital free trade zone was needed. as recently proposed the government of Selangor State.
"We currently have the Port Klang Free Zone (PKFZ)." We want to drive the development of PKFZ, and then we can see if we can expand the operations. "A very initial discussion has been initiated between PKA and Malaysian Digital Economy Corp. (MDEC), but there is no decision from now on." The Ministry of Commerce has not received any proposals so far. ", he said.
Source: The Markets on Board Window
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