The Penang State Government must review and take into account the long-term development of Penang Port given its intent to construct the 6.5km Gurney Drive – Bagan Ajam undersea tunnel. The undersea tunnel project will incur comprehensive construction. Hence, for Penang Port to enjoy sustainable development, the depth of the seabed of Penang Port must [...]
Datuk Ahmad Ibnihajar, the Penang Port Sdn Bhd (PPSB)’s managing director, stated that his biggest hope is to see the dredging of the port before his service term ends, reports The Malay Mail. The future of Penang depends on the port and the deepening of the north channel to 14.5 metres ACD (approach channel depth) [...]
![Malaysia: Minister Pushes for Penang Port Dredging]()
“The current seabed depth of 11 metres at the Penang Port is not deep enough and it should be increased to 15 metres,” stated Chief Minister Lim Guan Eng. A deeper channel will allow bigger ships to enter the port and have access to the upgraded RM680 million wharf. “This is what the state has [...]
![Malaysia: Bright Future for Penang Port]()
According to Bintulu Port official website, the Seaport Terminal Sdn Bhd wants to position Penang Port as a regional port to tap opportunities as far out as India and for that it plans to grow its capacity and invest nearly RM1bil in capital expenditure over the next five years. Over 30 years, the plan is [...]
The Penang Port Sdn Bhd (PPSB) Workers Union believes that Seaport Terminal Sdn Bhd the successful bidder for the proposed privatisation of the port will be able to take the company to greater heights. Its president Anuar Omar said the privatisation of the port would help improve efficiency of its operations. “We believe the experience [...]
![Malaysia: PCCC to Take Over Penang Port?]()
Local business groups plan to outbid tycoon Syed Mokhtar Al-Bukhari to buy the Penang Port from the federal government with a RM500 million financial layout, informs freemalaysiatoday.com. The Penang Chinese Chamber of Commerce (PCCC) will form a consortium in a bid to take over Penang Port, says its president Tan Sri Tan Kok Ping. According [...]
![Malaysia: DAP Launches Return the Port to Penang Campaign]()
The DAP has launched a “Return the Port to Penang” campaign after the Penang Port has been privatized by the Federal government without an open tender, The Sundaily reports. Seaport Terminal (Johor) Sdn Bhd, which is owned by Tan Sri Syed MokhtarAl-Bukhary, had been allowed to take Penang Port Sdn Bhd (PPSB) private. The people [...]
![Malaysia: CM Urges Barisan to Dredge Penang Port]()
According to The Star, Chief Minister Lim Guan Eng has called on Barisan Nasional to carry out the RM353mil Penang Port dredging project. He said the state Barisan’s proposed free port status for the island and the Customs, Immigration and Quarantine (CIQ) complex on the mainland were “merely stage play”. “The proposals for the development [...]
![Malaysia: Seaport Terminal Wins Bid to Privatise Penang Port]()
The Transport Ministry has confirmed that Seaport Terminal (Johor) Sdn Bhd has won the bid to privatise the Penang Port, according to bintuluport.com. In a written reply to Chong Eng (DAP – Bukit Mertajam), its minister Datuk Seri Kong Cho Ha said the company won the bid via its equity ownership in Penang Port Sdn [...]
![Malaysia: Penang Forum Welcomes Govt’s Decision to Call Off Controversial Land Reclamation]()
Penang Forum welcomes and fully supports the state government’s bold decision to call off a controversial proposed agreement to allow Boust… (aliran) Source: aliran, November 1, 2011;
