PENGERANG: The future development of Phase 3 of the Pengerang Deepwater Terminal (PDT) is set to attract more refining and petrochemical companies aside from downstream petrochemical manufacturing plants, says Johor Mentri Besar Datuk Hasni Mohammad.
He said the development also has the potential to bring in multibillion-ringgit investment into the state and the country, aside from creating a more value-added economy, skilled workforce and long-term economic activity.
“Historically, PDT Phase 1 was a catalyst for the Petronas Refinery and Petrochemical Integrated Development (RAPID) project, which brought in investments worth more than RM100bil.
“This led to the forming of the Pengerang Integrated Petroleum Complex that has served the locals and neighbouring communities well through job creation and other indirect economic benefits.
"I am confident it will continue to do so in the long run, ” he said in his speech at the PDT Phase 3A official opening ceremony at the Dialog Group Berhad (Dialog) Terminal Pengerang 5 here on Monday (April 5).
Hasni added that to date, approximately 50% of the land in PDT has been developed, with a further 202ha (500 acres) available for future development.
“PDT is still in the early phase of achieving its full potential, and continued investments will certainly bring significant economic benefits to Johor.
“It will also further transform Pengerang to be a vibrant and sustainable township in years to come, ” he said, adding that the state government also hopes Pengerang will become the Asia Pacific region’s largest oil, gas and petrochemical hub.
“The Johor government remains committed in its support for the development of PDT, ” added Hasni.