Westports extends expansion of terminals by five years

Project delayed: Westports says the development period for its new CT facilities has been revised due to the Covid-19, which has resulted in uncertainties in the global economy.

PETALING JAYA: Westports Holdings Bhd has extended the proposed construction of more container terminals (CT) costing RM10bil by another five years to 30 years due to the near-term impact of Covid-19.

In its circular to shareholders, Westports said the development period for the new CT facilities comprising CT 10 to CT 17 was revised due to the Covid-19, which has resulted in current uncertainties in the global economy.