Asia
Investor interest hots up for Tanjung Langsat Port
Kuala Lumpur: Johor Corp Bhd anticipates up to seven companies will invest in its Tanjung Langsat Port (TLP) once two new berths are completed.
Berths 8 and 9, worth RM115.8m, have a total length of 2.07 km are are expected to start commissioning by April 1. The new berths will boost TLP’s liquid cargo capacity from 18m cu m per year to 28m cu m.
The port’s target is to handle 15m tonnes this year. [13/01/14]