Malaysia: PTP Kicks Off Modernization Plan Worth USD 442 Mln

Malaysia’s Port of Tanjung Pelepas (PTP) is investing MYR 1.4 billion (US$442 million) over the next three years in a modernization plan designed to meet the docking requirements of mega-container vessels. PTP chairman Datuk Mohd Shaik Osman said the port is investing in new cranes, electrifying existing rubber-tired gantries (RTG) and building new berths to [...]