Mega port strategy in the dock


MALAYSIA is entering an era of mega port announcements. In recent months, proposals such as the RM144bil Maharani Freeport in Johor and the RM72bil Lumut Maritime Industrial City (LuMIC) have dominated headlines.

Additionally, a third port – the RM28bil Carey Island Port – has been proposed. This suggests that the nation may be on the brink of a significant port expansion wave.

The Star Festive Promo: Get 35% OFF Digital Access

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.

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

Next In Business News

Australia raises rates for first time in two years, markets bet on second hike in May
Asian stocks up; Aussie rallies after rate hike
Blue chips pare gains after hitting intramorning highs
Foreign funds log fourth straight week of net inflow
FBM KLCI climbs as rebound picks up post holiday weekend
Ringgit opens lower against greenback, higher vs major currencies
Public Mutual announces distribution of RM64mil for four funds
Global stock index edges down, silver and oil extend losses
Sunway-REIT buoyed by high occupancy
Waymo seeks US$16bil at near US$110bil valuation

Others Also Read