MORE than US$80 million has been earmarked to smooth cargo flows between Port Klang's container terminals under a new government Logistics and Trade Facilitation Masterplan.The scheme aims to improve last-mile delivery into Malaysia's leading container hub port and designed to boost exports.
Details of the plan remain sketchy, but according to previous announcements the plan is focused on improving road and rail connections and traffic management systems, reports Lloyd's Loading List.
London's Business Monitor International predicts box traffic at Port Klang will rise by 7.3 per cent to reach 11.9 million TEU.
The government has void ambitions to take Port Klang capacity to 30 million TEU to rival Singapore and adding a third terminal operator to rival stevedores at Northport and Westports.
Last year, Westports continued its development of Container Terminal Seven, which will provide 600 metres of berth and take annual handling capacity from 9.5 million TEU to 11 million TEU. North Port also added an additional 600,000 TEU to its annual capacity during 2014 taking its nominal total capacity to 5.6 million TEU.
PORTS
24 March 2015 - 21:03
Port Klang earmarks US$80 million to enhance flow between terminals
MORE than US$80 million has been earmarked to smooth cargo flows between Port Klang's container terminals under a new government Logistics and Trade Facilitation Masterplan.The scheme aims to improve last-mile delivery into Malaysia's leading container hub port and designed to boost exports.
PORTS
24 March 2015 - 21:03
Port Klang earmarks US$80 million to enhance flow between terminals
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