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.

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Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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Business , Penang , Port , capacity , Sasedharan , capital , expenditure ,

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