The Government of Malaysia, Port Klang Authority (PKA), and Westports Malaysia wrote a new chapter in history today with the signing of the Third Supplemental Agreement for the Privatization of Westports, witnessed by YB. Loke Siew Fook, Minister of Transport Malaysia.
The new concession, which will extend for 58 years from 2024-2082, will include the existing port facilities in Westports and the new facilities to be developed during the concession period, involving an investment of RM 39.6 billion.
The development of the CT10 to CT17 container terminal will be carried out on sustainability principles, in line with green and smart port concepts, including the use of automation and digitalization that will reduce greenhouse gas emissions and future-proof the port.
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