Kuantan port aims to build China trade links
Kuantan Port will become known as Malaysia's Eastern Gateway, and offering the most direct route between Malaysia and China, will boost bilateral trade and investment with China when its expansion is complete, according to local media reports.
The government is investing MYR1bn ($300m) to build the 4.7 km breakwater at the port, as well as upgrading external infrastructure to support its expansion, East Coast Economic Region (ECER) Development Council ceo Jebasingam Issace John was quoted as saying.
Kuantan Port is being positioned as a multi-purpose port for the ECER Special Economic Zone, which already has a concentration of several industries such as oil palm products, petrochemical products, bulk cargo (iron ore) and automotive parts and components,
A catalyst for the growth of traffic at Kuantan Port is the Malaysia-China Kuantan Industrial Park (MCKIP), the sister park of China-Malaysia Qinzhou Industrial Park that will promote the growth of bilateral trade with China, John said.
Kuantan Port is now in the midst of expansion involving deepwater-dredging works.
In addition, adding to the potential for multi-modal connections, ECER is expecting to complete a feasibility study on the MYR30bn 620 km East Coast Rail Link (ECRL) by early next year.
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