Malaysian industrial port development Kuala Linggi International Port (KLIP) inked a dredging and land reclamation deal with CCCC Dredging Southeast Asia this week.
Marcus Hand | May 26, 2023
A Letter of Agreement was exchanged between the Malacca port and the Malaysian branch of the Chinese dredging company during the Langkawi International Maritime & Aerospace (LIMA) event this week.
The exchange was witnessed by YB Loke Siew Fook, Malaysian Minister of Transport and the Malaysian Prime Minister Datuk Seri Anwar Ibrahim.
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According local reports the contract is worth RM800m and covers the reclamation of a 620 acre island off the coast of Malacca.
KLIP has licenses as an industrial and bunkering port, as well as a port of refuge from the Malaysian Ministry of Transport.
The project is estimated to cost RM15bn to develop and the artificial island is planned to feature a 1.5 million cu m tank farm, a 60-acre fabrication yard, a 131-acre shipyard to undertake dry docking, a cargo wharf and a distribution park.
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Reference: https://www.seatrade-maritime.com/ports/kuala-linggi-international-port-inks-deal-cccc-dredging-reclamation-project