BPMB approves RM374mil financing for Perlis Inland Port


KUALA LUMPUR: Bank Pembangunan Malaysia Bhd (BPMB) has announced the approval of Tawarruq Asset Financing Facilities amounting to RM373.54mil to Inland Port Perlis Sdn Bhd.

In a statement, BPMB said this dedicated financing, spanning up to 20 years, is allocated for the engineering, procurement, construction and Commissioning costs of the integrated inland port facility, Perlis Inland Port, situated in the Chuping Valley Industrial Area, Perlis.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

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

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

El Nino to add fuel to coal rally
Steering the future of school buses
The economics of rooftop solar power
Danantara raises US$1.5bil in global bond offering debut
Ringgit extends gains, closes higher vs US$
TMK Chemical proposes to acquire CCM for RM920mil from Batu Kawan
Lotte Chemical Titan's Indonesian subsidiary accepts RM1.2bil loan from Lotte Chemical Corp
EquitiesTracker aims to raise RM7.81mil via private placement
Sum Tech's unit inks RM20.46mil clean room contract
MAG president and group CEO Capt Nasaruddin appointed to IATA governing board for 3-year term

Others Also Read