April 3 Adani Port and Special Economic Zone Ltd
* Adani Group eyes global expansion with new container port
* Says Adani Ports signs MoU with MMC Ports to set up a
container port in Carey Island, Malaysia
* Says the port will be dominated by container
* Says proposed port to be a part of Port Klang's extension
* Signed another MoU with MMC Ports and Sime Darby Property
to develop an integrated maritime city in Malaysia
* APSEZ will soon start operating new container handling
facility it has built at Kamarajar port near Chennai.
Source text - (Adani Ports and Special Economic Zone Ltd
(APSEZ), India’s biggest private port operating firm, will begin
a feasibility study on building a greenfield multi-purpose port
mainly for handling containers at Carey Island in Malaysia’s
Selangor state, about 50 kms southwest of capital Kuala Lumpur.
The feasibility on developing a mega container handling port
project on Carey Island as an extension of the existing Port
Klang has been flagged off with the signing of a Memorandum of
Understanding (MoU) between APSEZ and MMC Port Holdings Sdn Bhd,
a wholly-owned unit of MMC Corporation Berhad (MMC), one of
Malaysia’s top utilities and infrastructure group with
diversified businesses ranging from ports and logistics, energy
and utilities and engineering and construction.
“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.
Malaysia with its supportive, transparent and proactive
government policies makes it 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.” said Mr. Karan Adani, CEO
Simultaneously, MMC Port Holdings, Sime Darby Property Berhad
and APSEZ have signed a separate MOU to study the feasibility of
developing an integrated maritime city on Carey Island to
support the planned new port.
The MOU was signed by MMC Port Director Dato' Sri Che Khalib
Mohamad Noh, Sime Darby Property Managing Director Dato’ Jauhari
Hamidi and APSEZ’s President of Business Development Capt.
Apart from developing and running India’s biggest private port
located at Mundra in the north-western state of Gujarat, APSEZ
also is 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.
APSEZ will soon start operating a new container handling
facility it has built at Kamarajar Port at Ennore near Chennai.
The firm is also building a mega container transhipment port at
Vizhinjam on India’s southern tip located in Kerala’s capital
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