Ahmedabad, April 4 – MMC Port Holdings Sdn Bhd (MMC Ports), Sime Darby Property Bhd and Adani Ports and Special Economic Zone Limited (APSEZ), have signed a Memorandum of Understanding (MOU) to study the feasibility of developing an integrated maritime city on Carey Island, Selangor, Malaysia.
The maritime city is to support the proposed development of a new port on a greenfield site on Carey Island, which is located about 50km southwest of Kuala Lumpur.
Simultaneously, MMC Ports and Adani Ports 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, a wholly-owned subsidiary of MMC Corporation Bhd (MMC), Malaysia’s leading utilities and infrastructure group, 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 global strategy and with straits of Malacca being a global shipping route it helps us to drive our global transhipment strategy further. With Vizhinjam port on one side Carey Island port on the other we will be able to give transhipment solutions to global shipping lines” said Karan Adani, CEO of APSEZ.
“Malaysia with its supportive, transparent and proactive government policies makes it an ideal destination for investment. MMC and Sime Darby are valued partners and with their involvement in these projects strengthens the case even more to make both these projects successful.”
The MOU was signed by Datuk Sri Che Khalib Mohamad Noh, Director of MMC Ports, Datuk Jauhari Hamidi, Managing Director of Sime Darby Property and APSEZ’s President of Business Development Capt. Sandeep Mehta. The exchange of both MOUs was witnessed by the honourable Prime Minister of Malaysia Datuk Seri Mohd Najib Tun Abdul Razak in New Delhi yesterday.
Apart from developing and running India’s biggest private port located at Mundra in the north-western state of Gujarat, APSEZ is also the country’s biggest container handler outside state control. The firm operates container handling facilities at its flagship Mundra Port as well as in Hazira Port, both in Gujarat on India’s western coast and at Kattupalli near Chennai in Tamil Nadu on the eastern coast.