FMT:
Kuantan Port vital for trade with China, Thailand, Laos and Vietnam, says PM
Anwar Ibrahim says the port's expansion project under a twin-city programme with China, is expected to elevate the east coast as a new growth hub
Prime Minister Anwar Ibrahim said the potential for Kuantan Port is huge and will transform an area that was previously marginalised into an important growth centre. (Bernama pic)
KUALA LUMPUR: Kuantan Port will serve as an important base for trade with China as well as the coastal areas of Thailand, Laos and Vietnam, says Prime Minister Anwar Ibrahim.
He said the expansion of Kuantan Port is timely as most of Malaysia’s development has been concentrated on the west coast. The project, developed under a twin-city programme with China, is expected to elevate the east coast as a new growth hub.
“Yes, it needs to be expanded. I think it is wise because the traditional ports have all already expanded,” he told CGTN anchor Zheng Junfeng in an interview recently.
Anwar noted that Port Klang is now ranked among the world’s top 10 ports, while two other Malaysian ports are also climbing in global standings.
“For Malaysia, a relatively small country, this is a remarkable feat,” he said.
Anwar added that the potential for Kuantan Port is huge, as it will transform an area that was previously marginalised into an important growth centre.
On June 10, 2024, Kuantan Port signed an agreement with Malaysian Rail Link Sdn Bhd to collaborate on the East Coast Rail Link (ECRL), enabling freight transport to shift from road to rail through the port.
The ECRL spur line, which will connect directly to Kuantan Port, is expected to improve the movement of goods and boost connectivity and efficiency between Malaysia’s east and west coasts.
He said the expansion of Kuantan Port is timely as most of Malaysia’s development has been concentrated on the west coast. The project, developed under a twin-city programme with China, is expected to elevate the east coast as a new growth hub.
“Yes, it needs to be expanded. I think it is wise because the traditional ports have all already expanded,” he told CGTN anchor Zheng Junfeng in an interview recently.
Anwar noted that Port Klang is now ranked among the world’s top 10 ports, while two other Malaysian ports are also climbing in global standings.
“For Malaysia, a relatively small country, this is a remarkable feat,” he said.
Anwar added that the potential for Kuantan Port is huge, as it will transform an area that was previously marginalised into an important growth centre.
On June 10, 2024, Kuantan Port signed an agreement with Malaysian Rail Link Sdn Bhd to collaborate on the East Coast Rail Link (ECRL), enabling freight transport to shift from road to rail through the port.
The ECRL spur line, which will connect directly to Kuantan Port, is expected to improve the movement of goods and boost connectivity and efficiency between Malaysia’s east and west coasts.
The business case for an economically viable and sustainable ECRL is Very , Very Tough. Anwar should know that if he has been given honest internal briefings.
ReplyDeleteSomehow they got to make it work, otherwise it will be a future on-going financial burden on the Malaysian Government
A f*cked scenario of seeing a single tree & ignoring the whole forest !
DeleteMfer, better keep yr hp6 economic insight to yrself.