Kuala Lumpur: Ahmad Zaki Resources Bhd (AZRB) is investing $7.4m to expand its bunkering facilities at the Tok Bali Port in Malaysia.
The company will invest $3.3million for two diesel tanks and $4.1m for a water tank, which will be completed over the next two to three months.
“Seeing that Tok Bali is in a very strategic location, in three to four years’ time, we would see very good growth,” said AZRB’s COO Datuk Haji Roslan Jaffar.
The expansion could potentially lead 10 production service contract customers to switch from ports in Thailand to the Tok Bali Port, Roslan said. [30/01/15]