MMC port operations set to capture manufacturing boom


AmInvestment Bank Research expects the port sector to remain resilient, underpinned by global trade and investments in the manufacturing sector that generate tremendous inbound (feedstock) and outbound (finished product) throughput for ports.(File pic shows Port of Tanjung Pelepas)

PETALING JAYA: Utility and infrastructure group MMC Corp Bhd is well positioned to capture companies relocating their manufacturing plants outside China and increasing investments in the manufacturing sector.

The Covid-19 fallout has led to disruptions in global supply chains and the US-China trade war has prompted many companies to consider relocating and diversifying their supply chains.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

MMC , ports , Tanjung Pelepas , manufacturing ,

   

Next In Business News

Step back and watch
Bull waits for liquidity to return
Magnum can strike it big again
All sails set for MISC-Bumi Armada merger
Dicey days for chip makers
After a homeowner passes
A stinky nuisance: When septic tanks burst
Decarbonising cement: Are we ready?
Ringgit to trade in tight range of 4.46-4.48 versus US dollar next week
Shedding light on power sector prospects

Others Also Read