Penang Port allocates RM186mil capex for two years

Penang Port Acting Chief Executive Officer Sasedharan Vasudevan briefing the media during a tour of the port. - ZHAFARAN NASIB/The Star/

GEORGE TOWN: Penang Port Sdn Bhd has allocated RM186mil in capital expenditure (capex) over a span of two years.

Acting chief executive officer V. Sasedharan said the bulk would go towards strengthening and expanding the capacity of the berth, which includes the purchase of two ship-to-shore cranes.