CONTAINER & CARGO HANDLING

Logistics, Logistics, Logistics . . .

21 years ago

As a result of these trends, PTP is not just expanding its berths, it is also adding another 300 acres of land under phase B of its FTZ project to the existing 1,000 acres (phase A) which are currently about 80% occupied. This will be ready by the end of 2005.

The port is concentrating on attracting logistics companies that can carry out their value-added services at the port at a much lower cost than in Singapore. In some cases it even works out cheaper to handle the logistics in PTP, but still route via Singapore. The provision of customised terrace warehouses, where smaller local companies can lease out only 5,000 sq feet means that PTP is not limited to attracting only global 3PLs, such as Schenker, which set up an operation two years ago.

By the end of 2005, PTP executives are confident that the extra investment that has been poured into this area of South West Malaysia will have been well spent. It seems that much to Singapore’s chagrin, PTP has not run out of steam or ideas yet.