Asia
Real estate development threatens PTP expansion plans
Kuala Lumpur: Further expansion at the Port of Tanjung Pelepas is in doubt as a major urban project backed by the Johor royal family gets underway.
Plans for Forest City near Tanjung Kupang back onto territory PTP might have used if ever it went for a fourth phase of expansion.
Under PTP’s third phase expansion the port’s throughput will be raised from a current 10m teu a year to close to 14m teu.
The Forest City project is backed by Chinese capital and will see giant reclamation take place. [21/07/14]