Bintulu Port allocates RM80mil for capex

The funds will mostly be utilised to finance dredging works to prepare deeper draft for bigger cargo vessels to call at Bintulu Port and for the upgrading of ageing port handling equipment, said Ruslan.

KUCHING: Bintulu Port Holdings Bhd (BPHB) has allocated RM80mil in capital expenditure (capex) for this year.

The funds will mostly be utilised to finance dredging works to prepare deeper draft for bigger cargo vessels to call at Bintulu Port and for the upgrading of ageing port handling equipment, said group chief executive officer Ruslan Abdul Ghani.