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Penang Port may lose 20% of cargo traffic volume


BUTTERWORTH: The Penang Port may be at risk of losing 20 per cent of its cargo traffic volume unless its logistics' efficiency improves, said Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) Joint Business Council (JBC) Malaysia Chairman Datuk Faudzi Naim Noh.

He said Thailand is developing a deep-sea port off the Chana district in Songkhla province, which faces the Gulf of Thailand and the South China Sea.

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