Sime Darby, MMC and India’s Adani may develop maritime city


Several visitors watching the sunset at the beach on Pulau Carey.

KUALA LUMPUR: MMC Port Holdings Sdn Bhd (MMC Ports), Sime Darby Property Bhd and India’s Adani Ports and Special Economic Zone Ltd (APSEZ) have signed a memorandum of understanding (MoU) to study the feasibility of developing an integrated maritime city on Carey Island, Selangor.

In a joint statement, the three companies said the maritime city was to support the proposed development of a new port on a greenfield site on the island.
 
MMC Ports - the country’s largest port operating group - and Adani Ports - India’s biggest private port operator - have signed a separate MoU to explore the feasibility of the Carey Island port project as an extension of Port Klang, currently the 11th busiest container port in the world. MMC Ports operates Northport in Port Klang.

The wholly-owned subsidiary of MMC Corp and APSEZ will collaborate with Sime Darby Property, the property arm of Sime Darby Bhd, to study the feasibility of developing an integrated maritime city which will support the new port.
 
“Malaysia is very strategic to APSEZ’s global strategy and with Straits of Malacca being a global shipping route, it helps us to drive our global transhipment strategy further,” said APSEZ chief executive officer Karan Adani.

The MoU was signed by MMC Ports director Datuk Seri Che Khalib Mohamad Noh, Sime Darby Property managing director Datuk Jauhari Hamidi and APSEZ president of business development Capt Sandeep Mehta. The exchange of both MoUs was witnessed by Prime Minister Datuk Seri Najib Tun Abdul Razak in New Delhi on Monday.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Shares dither, oil slips in wait for US details of Iran sanctions
Khazanah seeks more startups to scale via Dana Impak after SkyeChip success
Traders remain selective in anticipation of corporate results
Ringgit opens higher against US$, other major currencies
Trading ideas: SunCon, Mah Sing, TNB, Khee San, TXCD, LYC, Hua Yang, KPJ, Bank Islam, MMHE, Genting, YTL, Sunway Healthcare, Dialog
Penang ferry services record 7.28% growth in first half of 2026
Genting Malaysia set for stronger overseas earnings in 2H
US tariffs imposed on Canada go into effect
SME Malaysia: Budget 2027 should focus on concrete results
Resilience likely for export growth in 2H26

Others Also Read