Port Of Tanjung Pelepas Plans RM3 Bil Capex
Sin Chew Jit Poh
THE PORT OF TANJUNG PELEPAS (PTP) (owned by MMC CORP) which ranked 17th among the world's busiest container ports, will invest up to RM3 bil in capex on expansion over the next few years. But this is dependent on the prevailing economic situation.
CEO - HARUN JOHARI was quoted in the STARONLINE on Jul 9, 2008 saying that the expansion includes the construction of two new berths at a cost of RM360m, and works commenced early 2008.
The berths will increase PTP's annual terminal handling capacity to 10m 20ft equivalent units (TEUs) from the present 8m teus, to cater to growth over the next 18 months.
HARUN also said that, depending on other potential customersusing the port, a further RM800m would be invested in two moreberths for a total of 14.
In 2008, PTP is expected to take delivery of more than RM480mworth of additional port equipment such as twin lift quay cranes,double-hoist quay cranes and rubber-tyre gantry cranes.