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 NEWS

PARTNERSHIP APPROACH TO DEVELOPMENT

 Kuantan Port Consortium Sdn Bhd, the concession holder of Kuantan Port, has proposed the adoption of "East Coast Incorporated" concept to forge ahead with the development of "petrochemical corridor" of country. 

 "We are working very closely with three stage government namely, Pahang, Terengganu, and Kelantan as well  with private sector  investors in the Eastern Corridor to place the development of petrochemicals hub on fast track," said  the Chairman of KPC, Tengku Tan Sri Dato' Seri Ahmad Rithaudden bin Tengku Ismail.

 "We are aware of KPC's catalytic role in the industrial development in the East Coast of Peninsular Malaysia. Reflecting the responsibilities placed on us, we have allocated huge capital expenditure to handling facilities and services at the port," he said.

 Under the long -term development plan, KPC has completed the construction of a 240-metre liquid bulk terminal and is now working on the development of other additional facilities, including dredging the inner harbour basin. "The creation of the inner harbour will pave the way for the constructions of 11 berths for the future demand," said Tengku Rithaudden in the KPC's annual dinner on September 30, 2000. 

 He noted that although the country was hit by financial crisis in 1997-98, Kuantan Port continued to handled increase volume of cargo. Last year the port handled 5.5 million fwt tonnes and for this year the port is expected to handle 5.8 million fwt.

 "Cargo throughput is expected to grow further with the expanding infrastructure facilities providing shipper with better accessibility to the port. Petronas, for instance, has built a 10km-long three-storey pipe rack from Gebeng Industrial  Estate to centralise tangkage facilities at Kuantan Port. Work meanwhile is progressing well with the development of the 73-km rail link from Kerteh  Industrial Estate to Kuantan Port. As for container handling, when we first started our operation, we had only three services per week in the middle of 1998. Beginning last month we have attracted a total 12 services to mount regular weekly service to Kuantan Port,"he added. 

 According to Tengku Ahmad Rithaudden plans are in the pipeline to attract a direct service to Australia region. 

 "Kuantan will also have more direct services with bigger capacity carrier when the dedicated container terminals is development within next couple of years," he said. 

 KPC's annual dinner was grace by the representative of the Chief Minister of Pahang , YB Dato' Omar Othman. The dinner which was held at Dewan Jubli Perak Sultan Ahmad Shah, Kuantan was attended by more than 650 people from various agency, port employees and port users. 

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