China investors pumping $226m into Malaysia’s Kemaman Port

china-investors-pumping-226m-into-malaysias-kemaman-port

Terengganu chief minister Ahmad Razif Abdul Rahman said the port will undergo a massive multi-billion ringgit facelift to cater for the demands of the oil, gas shipping and tourism industries. “Imagine the tremendous benefits the investment will create in terms of new job opportunities for the oil, gas, shipping and tourism sectors,” he said.

“Other supplementary industries like food, beverage and hospitality, will also gain as millions of tourists from China are expected to flock to the state, reknowned for its idylic islands and traditional food,” Razif said.

Terengganu is also in talks with several parties, including national oil company Petronas, to develop Marang, another of its ports, into an international-class port to supplement Kemaman.

This port is expected to benefit from Petronas demand to provide maintenance, repair, supplies, husbanding and transportation services.



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