Malaysian Ports Anticipate Cargo Surge


As a result of the increase in Chinese trade and exports, Malaysian ports are expecting to see a massive rise in cargo volume growth of more than 7.5% in 2015, according to the Malaysian Reserve.

Datuk Seri Liow Tiong Lai, Transport Minister for Malaysia, said: “Our ports are getting to be more competitive. Exports are growing. The strong trade relations with China will contribute to the growth.”

In the year-to-date, 11 million TEU were handled by Malaysia’s main port.

Mr Tiong Lai believes that the country’s economy will be more competitive as a result of the Trans Pacific Partnership Agreement (TTPA).

He said: “TPPA will also boost demands for local contents and this will help small and medium enterprises. These will further strengthen demands for Malaysian content and its economy.”

Malaysia’s Port of Tanjung Pelepas recently won Malaysia’s best port award for 2014 for better optimisation of resources and increased productivity.

The Johar Port Authority has recently announced that Tanjung Pelepas will be involved in an estimated US$1.2 billion expansion plan to improve cargo-handling and berth capabilities.

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