Saturday, 14 June 2014

The heart of Asia logistic route - Port of Tanjung Pelepas, Malaysia

The heart of Asia logistic route  
Port of Tanjung Pelepas, Malaysia




Overview:


The key economic activities in Flagship C are port and marine services, warehousing, logistics, engineering, hi-tech manufacturing, food production, petrochemical industry, entreport trade. Flagship C boasts a logistic centre, regional distribution centres, regional procurement centres and utilities (power).


MMC Corp Bhd, a public-listed company in Bursa Malaysia, is the main player in Flagship C via its shareholdings in the Port of Tanjung Pelepas (PTP) and the Tanjung Bin Power Plant.


Most of the land banks in Flagship C are agricultural lands and mangrove forests.


In terms of land bank availability, about 700 acres in the Free Trade Zone in Port of Tanjung Pelepas (PTP) are still available for development in various sectors including warehousing, international procurement and more. The proposed 2,215 acres of the Maritime Centre at Tanjung Bin also offer investment opportunities to players in oil and gas industry.


As of February 2008, land prices in Flagship C ranged around RM18 (US$5) per sq ft (for industrial/commercial use).


Convenient expressways connect the area to Johor Bahru and Kuala Lumpur. It takes only 30 minutes to drive from Flagship C to Johor Bahru and the Senai Airport. In the future, there will be a MRT/LRT system connecting Flagship C to the Johor Bahru City Centre and elsewhere.


Location:


Flagship C is located within the south-western region of Iskandar Malaysia. It is bound by Mukim Jeram Batu and Mukim Jelutong to the north; Mukim Serkat and Mukim Sungai Karang to the west; Selat Tebrau to the south; and Gelang Patah and Nusajaya to the east. It covers an area of more than 30,000 acres.


Connectivity:


Flagship C is accessible via local roads from the Second Link Expressway and is also connected to the North-South Expressway and Pasir Gudang Highway. By sea, it is accessible via the Port of Tanjung Pelepas.


Historical Background:


Back in 1994, Flagship C used to be a fishing village surrounded mostly by Ramsar zones and agricultural land banks. Today, the area has been developed into one of the most important maritime hubs in Malaysia. Its flagship, Port of Tanjung Pelepas (PTP), is located on the eastern mouth of the Pulai River in South-western Johor, Malaysia.


Key Landmarks:


Port of Tanjung Pelepas


Second link to Singapore


Tanjung Bin Power Plant


Ramsar Heritage Park


Bunker Terminal


Maritime Centre











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