Tanjung Pelepas port to spend $2bn on upgrades
Malaysia’s Port of Tanjung Pelepas (PTP) is to invest over RM8.6bn ($2.14bn) to more than double its annual handling capacity by 2030.
The initial phase will increase the port’s handling capacity from the current 10.5m teu to 13.2m per annum.
The facility’s existing equipment would also be replaced with new quay cranes and rubber-tyred gantry cranes, reports say.
“Phase 3A and 3B, which consist of six new berths of three kilometres in length, will enable us to increase our handling capacity to 22.2m teu before 2030,” said PTP’s chairman Datuk Seri Che Khalib Mohamad Noh, quoted by the Borneo Post. Phase 3 is expected to commence in 2018.
PTP (pictured) is Malaysia’s biggest single port operator and currently operates 14 berths along a five-kilometre-long quay.