Thumbs up for Sime Darby’s maritime city plan


PETALING JAYA: The plan to turn Carey Island into an integrated “maritime city” has received the thumbs up from analysts, as it will unlock the value of land there owned by Sime Darby Bhd.

On Monday, Sime Darby inked a memorandum of understanding with MMC Corp Bhd and India-based Adani Ports and Special Economic Zone Ltd (APSEZ) to explore developing an integrated maritime city in Carey Island, Selangor, worth US$22.78bil.

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Business , Sime Darby , Carey Island , port

   

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