All systems go for Lumut as an engine of growth


(Fifth from left) Perak State Development Corp (PKNPk) chief executive Datuk Redza Rafiq Abdul Razak and (fourth from right) Port of Antwerp-Bruges International (PoABI) managing director Kristof Waterschoot at the signing of the joint venture shareholders' agreement between PoABI and PKNPk.

PERAK stands on the brink of a transformative leap with the Lumut Maritime Industrial City (LuMIC) project set to redefine the region’s identity from a quiet state on the west coast to a bustling hub of maritime and industrial activity.

This ambitious initiative is set to catalyse not only economic growth but also foster global partnerships and significant local transformations, according to Perak State Development Corp (PKNPk).

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

M&S annual profit soars 58% as turnaround strategy delivers
LVMH deepens partnership with Alibaba to boost tech presence in China
Asia stocks up on high hopes for Nvidia, NZ dollar jumps
CIMB forecasts mid-June kickoff for fuel subsidy rationalisation
New Zealand dollar surges on surprisingly hawkish RBNZ
China's first batch of ultra-long special bonds surge on debut, triggering suspension
Targeted diesel subsidy to strengthen govt fiscal position, improve resource allocation - economist
Banks, mining stocks lift Australian shares higher
Fed officials urge patience on timing of initial rate cut
Ringgit ends lower against the greenback

Others Also Read