KUALA LINGGI, Malaysia, Jan. 23, 2024 /PRNewswire/ — Kuala Linggi International Port (KLIP) proudly announces the commencement of construction for its groundbreaking state-of-the-art port facility, signifying a monumental leap towards becoming a pivotal hub for international trade and commerce.
The groundbreaking ceremony was officiated by YAB Datuk Seri Utama Ab. Rauf Bin Yusoh, Chief Minister of Malacca and graced by distinguished dignitaries, government officials, industry leaders, and stakeholders.
Scheduled for completion in 42 months, KLIP’s vision is to transform Kuala Sungai Linggi into a Green Global Industrial Hub for Energy Source, Port and Maritime Services. The development plan includes the construction of tank storage, shipyard, heavy industry fabrication yard, hard standing cargo handling area, wharfs, and warehousing facilities, with an estimated cost of RM15 billion.
KLIP is also pleased to announce the commencement of the contract awarded to China Harbour Engineering Co Limited (CHEC) with a value of RM 760 million. The total reclamation cost of this project is RM1.39 billion on the 620 acres island.
With a Gross Development Cost (GDC) estimated at RM15 billion and a Gross Development Value (GDV) projected to be worth RM100 billion, KLIP is poised to generate a substantial Gross National Income (GNI) from foreign exchange earnings of foreign projects and Gross Domestic Product (GDP) from local industries.
KLIP, as a private port aims to redefine port facility standards by incorporating cutting-edge technology, sustainable practices, and efficient logistics solutions. The strategic location along the Straits of Malacca places KLIP at the crossroads of major shipping routes, establishing a crucial link for international trade between Asia, Europe, and the Middle East.
In his keynote address, Tan Sri Datuk Seri Dr Noormustafa Kamal Yahya, Executive Chairman of KLIP, expressed gratitude for the unwavering support from the Federal and State Government of Malaysia, local communities, and business partners. He emphasized KLIP’s commitment to the highest standards of environmental conservation initiatives and sustainability, aligning with global efforts to reduce the carbon footprint of maritime operations.
“The groundbreaking ceremony is a historic milestone for Kuala Linggi International Port—a significant step forward in our mission to become a world-class maritime hub. We are not just building a port; we are constructing a symbol of progress, collaboration, and innovation in the maritime ecosystem that stimulates economic development and creates opportunities for future generations,” said Tan Sri Noor.
The state-of-the-art facilities will be designed to cater for tank storage in handling liquid bulk cargoes, Liquefied Petroleum Gas (LPG) and Natural Gas (LNG), as well as dedicated areas for ship Maintenance Repair and Overhaul (MRO).
The port is set to implement advanced technologies such as green energy, smart logistics systems and realtime tracking to optimize operational efficiency and reduce turnaround times.
This project will create up to 10,000 skilled job opportunities and contribute towards social community development. Upon completion by 2027, KLIP’s construction phase is poised to become an economic growth catalyst for trade expansion and technological innovation.
The information provided in this article was created by Cision PR Newswire, our news partner. The author's opinions and the content shared on this page are their own and may not necessarily represent the perspectives of Thailand Business News.
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