New Straits Times

“China has the best ports in the world and this cooperatio­n will pave the way for a brighter future for both countries .... ”

DATUK SERI LIOW TIONG LAI, Transport Minister

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FIVE ports in Malaysia and China are now part of the China-Malaysia Port Alliance (CMPA), said Transport Minister Datuk Seri Liow Tiong Lai.

The ports, namely Jing Tang Port and Tianjin Port (China) and the Kemaman, Sabah and Kuching Ports will now be part of the alliance aimed at enhancing cooperatio­n.

It includes port studies, training and apprentice­ship, technical assistance, exchange of informatio­n and traffic developmen­t, as well as the promotion of trade services between ports.

“China has the best ports in the world and this cooperatio­n will pave the way for a brighter future for both countries in leveraging the people’s potential and resources,” he said after officiatin­g at the one-day 2nd China-Malaysia Port Alliance annual meeting at the Kuala Lumpur Convention Centre, here, yesterday.

Liow said the objective of the port alliance is also to facilitate trade using ports in Malaysia and China as the gateway.

“In an effort to link Malaysian

and Chinese businesses, logistics players will have to expand their ventures into both countries,” he added.

He said Malaysian authoritie­s are expanding key ports, mainly Port Klang, to facilitate an anticipate­d increase in the number of vessels in the future.

“The ministry is planning to open the Melaka Gateway for use by cruise ships as their docking destinatio­n as well as maintenanc­e services. Currently, only Penang Port has the facilities for

this,” he added.

Meanwhile, at the meeting, Liow said Malaysia will be putting forward a few initiative­s such as assisting Malaysian ports to emerge as leading entities in the Asean region, since the country was the earliest supporter of China’s Belt and Road initiative.

“The initiative will without doubt open new frontiers and provide opportunit­ies for both countries in terms of the logistics sector,” he said.

China has been Malaysia’s largest trading partner since 2009 and with the Belt and Road initiative announced in 2013, the economy of the region is expected to grow further.

Bilateral trade last year stood at RM240.91 billion. Bernama

 ?? BLOOMBERG PIC ?? Shipping containers stacked at a Tianjin Port (Group) Co Ltd. China has the best ports in the world and the cooperatio­n will pave the way for a brighter future for both countries.
BLOOMBERG PIC Shipping containers stacked at a Tianjin Port (Group) Co Ltd. China has the best ports in the world and the cooperatio­n will pave the way for a brighter future for both countries.
 ??  ?? Datuk Seri Liow Tiong Lai
Datuk Seri Liow Tiong Lai

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