Se­lan­gor iden­ti­fies port Klang as ideal lo­ca­tion for next DFTZ

The Borneo Post (Sabah) - - BUSINESS -

SHAH ALAM: The Se­lan­gor state gov­ern­ment has iden­ti­fied Port Klang as an ideal lo­ca­tion for the next Dig­i­tal Free Trade Zone (DFTZ), which could im­prove the rank­ing of the sec­ond largest con­tainer port in Asean, said state se­nior ex­ec­u­tive coun­cil­lor, Datuk Teng Chang Kim.

Teng said the DFTZ would boost Port Klang’s rank­ing to be­come the 10th largest con­tainer port in the world from the cur­rent 12th po­si­tion, as it would pro­vide lo­cal small and medium en­ter­prises (SMEs) with the op­por­tu­nity to ex­port their prod­ucts glob­ally via e-com­merce.

“The DFTZ will in­crease the ca­pac­ity of twenty-foot equiv­a­lent units (TEUs) and thus at­tract more in­vest­ments from global play­ers, mak­ing Se­lan­gor a re­gional lo­gis­tics hub,” he added.

He told re­porters this af­ter launch­ing the in­au­gu­ral In­vest­ment Fo­rum on Lo­gis­tics In­dus­try, themed, “Deep­en­ing Lo­gis­tics Sup­ply Chain in Se­lan­gor”, or­gan­ised by the Malaysian In­vest­ment De­vel­op­ment Au­thor­ity (MIDA) and In­vest Se­lan­gor yes­ter­day.

Also pre­sent were MIDA Deputy Chief Ex­ec­u­tive Of­fi­cer, Arham Ab­dul Rah­man and In­vest Se­lan­gor Chief Ex­ec­u­tive Of­fi­cer, Datuk Hasan Azhari Idris.

On ru­mours that sev­eral in­vestors were in­ter­ested in de­vel­op­ing Port Klang as an e-com­merce hub, Teng said the state gov­ern­ment had not re­ceived any pro­pos­als to that ef­fect.

“We have to wait for KLIA DFTZ to get off the ground first and only then can we think about Port Klang,” he said.

For­mer Prime Min­is­ter Datuk Seri Na­jib Tun Razak and Alibaba group founder and ex­ec­u­tive chair­man Jack Ma launched the world’s first DFTZ out­side of China last year, which could dou­ble the growth rate of Malaysian SME ex­ports by 2025.

Through the DFTZ, Malaysia would serve as a re­gional eful­fil­ment cen­tre and re­gional hub for SMEs, mar­ket­places and mono­brands.

Mean­while, in his speech, Arham said as of April 2018, MIDA had ap­proved 89 In­te­grated Lo­gis­tics Ser­vices projects with a to­tal in­vest­ment of RM5.9 bil­lion.

He said 123 com­pa­nies had been granted In­ter­na­tional In­te­grated Lo­gis­tics Ser­vices sta­tus, pro­vid­ing them with a Freight For­ward­ing Li­cence.

The In­vest­ment Fo­rum on Lo­gis­tics In­dus­try was or­gan­ised to po­si­tion Se­lan­gor as the lo­gis­tics gate­way to Asean and cre­ate aware­ness on gov­ern­ment ini­tia­tives in the lo­gis­tics sec­tor. — Ber­nama

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