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China, Malaysia look to co-build extension to Port Klang capacity
CHINA and Malaysia are in talks to build a third terminal at the country's biggest harbour, Port Klang, says Malaysian Minister of Transport Low Tong Lai.
Eighty per cent of ships sailing through the Malacca Strait are going to or coming from China, which is why Malaysia is interested in partnering with China to extend the port, reports Beijing's China Radio International.
Malaysia's Ministry of Transport plans to expand the port to reach 16.3 million TEU capacity by 2020, reports Hong Kong's Oriental Daily News.
The project has also been proposed in response to China's "Belt and Road" initiative, said the report.
Eighty per cent of ships sailing through the Malacca Strait are going to or coming from China, which is why Malaysia is interested in partnering with China to extend the port, reports Beijing's China Radio International.
Malaysia's Ministry of Transport plans to expand the port to reach 16.3 million TEU capacity by 2020, reports Hong Kong's Oriental Daily News.
The project has also been proposed in response to China's "Belt and Road" initiative, said the report.
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