The Port of Tanjung Pelepas (PTP) has successfully issued its inaugural green sukuk, reinforcing its commitment to sustainability and responsible investment.
The issuance is valued at RM500 million ($118.76 million) and split equally across three- and five-year tenors, it said in a statement.
PTP Chairman Tan Sri Che Khalib Mohamad Noh said the proceeds from the green sukuk will be used to fund PTP’s capacity expansion, enabling the terminal to continue serving its customers’ growing needs across export, import, and trans-shipment cargo.
PTP has recently been rated by Alphaliner as the world’s fastest-growing port at 15.4 per cent in the first half of 2025, marking the highest growth rate among the top 30 global ports under the research house’s ranking.
Now in its 25th year, PTP has also accomplished operational milestones over the past months, surpassing 1.2 million TEUs handled each month between April and June 2025 without congestion, and achieving more than 15,000 moves in a single 12-hour shift.
These achievements are said to demonstrate the terminal’s exceptional capability and operational excellence, reflecting the precision, discipline, and synchronisation that drive PTP’s continued success.
“This is part of a larger investment plan aimed at increasing the terminal’s handling capacity to 15.9 million TEUs annually within the next few years,” Noh said, adding that the development supports Malaysia’s maritime ambitions.
READ: Port of Tanjung Pelepas closes 2024 with more than 12 million TEUs
PTP Chief Executive Officer, Mark Hardiman, meanwhile, said the issuance attracted overwhelming demand from the market, achieving significant oversubscription.
“The strong investor appetite gives us both comfort and confidence for future issuances to support our long-term growth plans.
“It also underscores the trust investors place in our ability to deliver operational excellence while advancing sustainability.”
Earlier this summer, Kaleris and the Port of Tanjung Pelepas (PTP) received the 2025 Top Supply Chain Projects Award, presented by Supply & Demand Chain Executive and Food Logistics.
