PTP ready to invest RM8.6bn

The expansion plan was unveiled by Mohamed Khaled bin Nordin, chief minister of the Malaysian state of Johor, during his working visit to PTP. He said: “PTP’s latest expansion plan reflects the highest level of confidence by the port operator to position itself as the preferred port of choice in the region.

“We anticipate the expansion of PTP will create more job opportunities to the locals, thus further position Johor as a regional economic power and not just part of the Malaysian economy.”

Currently, PTP has 14 berths over 5 kilometres of quay length. As a major regional transhipment hub, however, continuous capacity expansion is critical to ensure PTP is able to handle future growth.

The immediate plan is to embark on a comprehensive upgrading and refurbishment of the port’s quay cranes and rubber-tyred gantries as well as replacement of PTP’s existing equipment to increase the handling capacity from 10.5m teu to 13.2m teu annually.

This will be followed with the development of Phase 3, which is expected to take place in 2018, and will add a further six 3 kilometre berths to enable PTP to further increase its handling capacity to 22.2m teu before 2030.