Wednesday 29 June 2016

PTP to invest over RM8.6b to expand capacity

The Port of Tanjung Pelepas (PTP) will invest more than RM8.6 billion to expand the port's capacity over the next five to 15 years.

Chairman Datuk Seri Che Khalib Mohamad Noh said the immediate plan was to embark on a comprehensive upgrading, refurbishment of quay cranes and rubber tyred gantries.

It will also replace PTP's existing equipment to increase the handling capacity from the current 10.5 million 20ft equivalent (TEUs) to 13.2 million TEUs, annually.

"This will be followed by the development of Phase 3 which is expected to take place in 2018. Phase 3A and 3B, which consist of six new berths of three kilometres in length, will enable us to increase our handling capacity to 22.2 million TEUs before 2030," he said at the "Tijarah Ramadhan" programme organised by PTP is Iskandar Puteri, Johor, on Tuesday night.

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