Free Zone Services
PTP was accorded with Free Zone status in 1997 and the Free Zone Authority in 1998 to administer, manage and operate its Free Zone area. The Free Zone laws are governed by Free Zone Act 1990 that is enforced by Ministry of Finance, Malaysia. The Free Zone in PTP promulgates the local container trade volumes of the port and forms part of the hinterland cargo catchment area.
Free Zone land comprises of 5 phases with a total acreage of 1,586. Phase 1 and Phase 2 which account for approximately 648 acres are developed with basic infrastructure such as electricity supply, water supply, telecommunications facilities, roads and drainage. To date, more than 90% of the developed land in phase 1 and 2 has been subleased to various local and global companies.
Phase 3, 4 and 5 which constitute 938 acres, will potentially be developed to expand the current Free Zone development.
To cater to the growing market demand, 81 acres of new Free Zone land (known as Phase 2C) is currently being developed. The land which will be ready by Q2 2023 will provide opportunities to potential investors to lease land for a period of 30 years at competitive rates in order to build warehouses for short- and long-term rentals or factories for light and environmentally friendly manufacturing activities. Early bookings are open now.
Click here for Phase 2C infographic and invest with us now!