Malaysia’s Port of Tanjung Pelepas (PTP), situated opposite the republic of Singapore, has outlined plans to nearly triple capacity to 30m teu by 2030 as Southeast Asian boxport building accelerates.
Last year, PTP handled 8.96m teu. The port has an annual capacity of 12.5m teu
“PTP has to grow for the country to maximise its profits and abilities. This is a strategic port for the country,” transport minister Anthony Like said at a conference in Johor today, adding: “Malaysia is a maritime country, so we need to utilise our strengths for economic development.”
The government will seek out the private sector to develop the transhipment hub in a phased development.
Across the causeway in Singapore a new megaport is being built in Tuas, while in neighbouring Indonesia a host of new terminals are also under construction.