The Transport Minister of Malaysia has stated that the government is in the process of commissioning a feasibility study on the proposed MYR200 billion (US$49.2 billion) port and maritime city PPP project on Carey Island, located off the coast of Selangor, western Malaysia.
The project would expand the nearby Port Klang by 30 million 20-foot equivalent units (TEUs). Under the proposal, a MYR140 million (US$34.4 million) port will be developed alongside a maritime city on the island, comprising industrial parks, free trade zones, and commercial and residential buildings.
Adani Ports and Special Economic Zone Ltd signed a memorandum of understanding (MoU) to study the feasibility of the project in April last year by MMC Corp Bhd's unit MMC Port Holdings Sdn Bhd, and Sime Darby Property Bhd.
The next step in the process is the commissioning of the study by the Port Klang Authority.
Country updates
-
-
June 13, 2018
The Prime Minister has announced that the project has not been cancelled but postponed
The Prime Minister has announced that the project has not been cancelled but postponed. Currently, the project is too expensive to carry out, but Malaysia remains open to developing it in the future
-
May 29, 2018
New Prime Minister of Malaysia to halt multi-billion Kuala Lumpur-Singapore HSR PPP
Malaysia’s Prime Minister Tun Dr Mahathir Mohamad has announced that his government will not continue the Kuala Lumpur-Singapore high speed railway (HSR) project, which involves the de...
Read more -
April 19, 2018
The tender deadline for the project has been extended from 29 June to 28 December 2018
-
February 14, 2018
Ferrovie dello Stato Italiane and Porr have joined the Siemens-led consortium bidding for the project
-
February 13, 2018
Four consortiums have expressed interest in participating in the project
Four consortiums have expressed interest in participating in the project. The four bids were made by Japanese, South Korean, Chinese and European joint ventures. The preferred bidder has not yet been...
Read more
