PUTRAJAYA: The Cabinet has approved a proposal to build a third port on Carey Island, says Anthony Loke.
The Transport Minister said this was decided in the Cabinet meeting on Wednesday (March 11).
He said the Transport Ministry would act as a regulatory body to oversee the construction while the Selangor state government would spearhead the construction.
"The Cabinet approved Selangor government's application to lead this development," he said during his speech at a Buka Puasa event at the Transport Ministry on Wednesday (March 11).
Loke also said a special purpose vehicle would be set up by the Selangor government together with the private sector to garner investments from the private sector to build and operate the port.
"This is a very important long-term project for the country and it is a huge and strategic infrastructure," said Loke.
He added the construction of the third port sends a signal globally that development in Malaysia is not affected by geopolitical challenges.
In February 2023, Loke announced that Carey Island was slated to become Selangor's third international port after Northport and Westport.
