KUALA LUMPUR: MMC Port Holdings Sdn Bhd (MMC Ports), Sime Darby Property Bhd and India’s Adani Ports and Special Economic Zone Ltd (APSEZ) have signed a memorandum of understanding (MoU) to study the feasibility of developing an integrated maritime city on Carey Island, Selangor.
In a joint statement, the three companies said the maritime city was to support the proposed development of a new port on a greenfield site on the island.
MMC Ports - the country’s largest port operating group - and Adani Ports - India’s biggest private port operator - have signed a separate MoU to explore the feasibility of the Carey Island port project as an extension of Port Klang, currently the 11th busiest container port in the world. MMC Ports operates Northport in Port Klang.
The wholly-owned subsidiary of MMC Corp and APSEZ will collaborate with Sime Darby Property, the property arm of Sime Darby Bhd, to study the feasibility of developing an integrated maritime city which will support the new port.
“Malaysia is very strategic to APSEZ’s global strategy and with Straits of Malacca being a global shipping route, it helps us to drive our global transhipment strategy further,” said APSEZ chief executive officer Karan Adani.
The MoU was signed by MMC Ports director Datuk Seri Che Khalib Mohamad Noh, Sime Darby Property managing director Datuk Jauhari Hamidi and APSEZ president of business development Capt Sandeep Mehta. The exchange of both MoUs was witnessed by Prime Minister Datuk Seri Najib Tun Abdul Razak in New Delhi on Monday.
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