Malaysia, China working on boosting port connectivity

Malaysia and China are working to boost connectivity between their sea ports to raise bilateral trade to achieve a trade volume of $160bn by 2017, local reports said.

Transport Minister Liow Tiong Lai was quoted as saying that the countries were working towards increasing efficiency and effectiveness of the ports.

China has already been quite a big although relatively new investor in the ports sector in Malaysia with Chinese firms investing more than $1.6bn to build steel, aluminium and palm oil processing plants and expand a port in a new industrial zone at Kuantan Port on the east coast of Malaysia.

Meanwhile earlier this year, representatives from several northern Chinese ports and the Port of Guangzhou had discussions with officials from Kemaman Port on the east coast and Port Klang on the west on cooperation and issues of upgrading the ports. 

Copyright 2017 Ships & Ports Ltd. Permission to use quotations from this article is granted subject to appropriate credit given to www.shipsandports.com.ng as the source.