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Sabah Ports on expansion path

Suria Capital Bhd, the parent company of Sabah Ports Sdn Bhd has approved RM400 million to expand and improved port facilities and services at the seven ports under the control of the port operating company.

Almost 40 per cent or RM167.68 million has been contracted during the financial year ending 31 December 2004. The remaining amount of RM230 million will be contracted out soon.

Bulk of the capital expenditure will go towards the development of the Sepangar Bay Container Terminal which will take up RM93.59 million as of the end of 2004.

The fully dedicated container port is expected to be completed by end of next year.

The terminal will be equipped with initially two units of mobile harboud cranes and supported by six units of RTGs.

The company has allocated RM65 million for the acquisition of various cargo handling equipment. Of these amount, RM46 million has been approved and contracted out during the current financial ending period.

To automate port operation, the group has awarded a contract to Tricubes Suria Sdn. Bhd (TSSB).

The partly-owned subsidiary company of Suria Capital Bhd will select software, hardware and services for SPSB’s integrated Port Management System project.

The project covers the delivery, implementation, handover and support of an integrated Port Management System, complete with integration with Financial and Billing systems.

TSSB shall deliver, installs, handover and support the various servers and other hardware infrastructure, an Enterprise Application Integration (EAI) platform, and project management and custom software development services.

The project is expected to be completed by the end of year 2005.

Sabah Ports operates and manages seven ports, namely Kota Kinabalu port, Sandakan port, Tawau port, Lahad Datu port, Kudat port, Kunak port and Sepangar bay port/oil terminal.

               

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