Page 24 - MMC Ports Newsletter

PORT PENANG SDN BHD

Penang Port Sdn Bhd (“Penang Port”) is located in
the state of Penang, in the north-west of Peninsular
Malaysia.
Known as the oldest and longest established
port in Malaysia, Penang Port paved a boutique
role by serving as the primary gateway to the
Northern region of Malaysia and Southern Thailand,
serving the basins of the Straits of Malacca and the
Gulf of Bengal.
Pursuant to the privatisation agreement dated
31 December 1993 (Privatisation Agreement)
entered between the Government of Malaysia,
Penang Port Commission and Penang Port Sdn Bhd, Penang Port’s terminal, the North Butterworth Container
Penang Port shall operate, manage, provide Terminal was gazetted as a Free Commercial Zone
operational facilities, and port services in the Port (“FCZ”) on 1 February 2021, which enables Penang Port
of Penang to control, maintain, construct, improve, to be the focal point for shipping and transhipment

and develop the Port commencing 1 January 1994. activities. Penang Port will capitalise on its FCZ status
to tap into the Bay of Bengal market by undertaking
Penang Port houses a plethora of services, lending transhipment activities for containers moving between
itself well as a multipurpose port that provides the Bay of Bengal and the Far East.
unique value towards the growth of industries in
Penang. Being situated in Penang is also a major Penang Port operates 24/7 and 365 days a year.
game-changer, as Penang is strategically linked to
the Indonesia – Malaysia – Thailand Growth Triangle.
The IMT-Growth Triangle promotes private-sector
led economic growth, facilitates the development
of the sub-region as a whole by addressing
complementarities and comparative advantages of
the member countries.

Penang Port also plays a niche role in the handling of
conventional cargo – which focuses on Break Bulk,
Dry Bulk and Liquid Bulk Cargo with clear emphasis
on dangerous goods and edible oils.

For more information on Penang Port Sdn Bhd,
please visit: www.penangport.com.my