AsiaPorts and Logistics
PTP expansion will see capacity grow by nearly 50%
Malaysia’s Port of Tanjung Pelepas (PTP), just opposite Singapore, will kick off expansion plans next year that will see its box capacity grow by close to 50%. The port’s Phase 3A development will cost RM5bn ($1.176bn) and will see capacity climb from the current 10.5m teu to 15m teu, authorities have outlined. The expansion project should be complete by 2019.
Currently PTP’s 14 berths give it 5 km of quayside. Phase 3A will give it three more berths and an extra 1.5 km of quayside.