Huge investments go into building Malaysian ports


Melaka Gateway: The deep sea port is reportedly targeted to be a liquid cargo terminal with storage facilities that will benefit oil trading in Asia, Europe and the Middle East.

EVER since China rolled out its Belt and Road initiative, many countries have received billions of dollars towards infrastructure development to boost trade and investment along the old Silk Road that connects China and many other countries.

For the developing nations along the Silk Road, receiving huge sums of money has boosted economic growth as China aims to intensify linkages with countries.

Celebrate Merdeka with 50% Off!
T&C applies.

Monthly Plan

RM13.90/month
RM6.95 only

Billed as RM6.95 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM6.17/month

Billed as RM78 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , belt , road , china , investments

   

Next In Business News

Malaysia is stepping up its game in semiconductor industry - Tengku Zafrul
Radiant Globaltech to acquire 80% stake in Rymnet for RM52.5mil
Nova MSC bags RM7.13mil contract for AI-driven National DR screening programme in Brunei
Public Bank, Credit Guarantee Corp collaborate to extend RM1bil in financing to SMEs
Kelington secures contracts from projects in Malaysia and China worth RM413mil
Bursa Malaysia ends lower on US rate cut uncertainty
Kenanga expects ringgit to trade closer to 4.40 level by year-end
JTGB bags RM29.77mil contract
APPEC-Transition to cleaner fuels seen dragging on China's oil demand growth
Generali Malaysia expands with new Penang branch

Others Also Read