Port Klang concessions extended
Northport (Malaysia) Bhd, a Member of MMC Group, has been granted a thirty-year extension for the operations Port Klang’s Northport and Southpoint, MMC has said in a statement.
Northport gets the “the right and authority to provide and carry out the operation, maintenance, management and control of the port operation in Northport and Southpoint”, according to the statement.
It is also granted the right to charge and collect from port users in relation to the port operation provided and carried out, under the Privatisation Agreement and the Licence, in accordance with the Port (Privatisation) Act 1990 and Port Authorities Act 1963, the statement added.
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