Global hub in the works Selangor BN can bring in RM30b-RM40b logistics development


SEPANG: A new special purpose vehicle (SPV) is likely to be the instrument used to undertake the mammoth development of the new global logistics hub which will be the centrepiece of economic development in Selangor over the next decade, sources said.

The hub will have a gross development value of between RM30bil and RM40bil, and it will be built in phases, with full completion expected to take over a decade.

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