Independent journal on economy and transport policy
19:41 GMT+2
PTP to receive RM1b govt soft loan to expand facilities
(Business Times - Malaysia)
July 30, 2001
By Shahriman Johari
PORT of Tanjung Pelepas Sdn Bhd (PTP), operator of the country's newest port, is expected to be given a RM1 billion soft loan by the Government to further expand its facilities.
The company will use the money to undertake Phase 2 of the Johor port's development which includes dredging work as well as land reclamation, sources said.
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