PTP expects double-digit growth again this year
The Malasya’s largest container port in terms of volume, Port of Tanjung Pelepas (PTP), is looking at double-digit growth again this year.
PTP Chief Executive Officer Harun Johari pointed out that the port had experienced a 10-fold increase in total annual throughput since it began operating in 2000 and said:
“We also recorded double digit growth all these years. Although our growth in 2007 may not be as robust as in previous years, it will definitely be commendable and on par with the growth of the industry. We expect to record double digit growth again this year.”
He told Bernama recently that last year, PTP handled 4.8 million TEUs (twenty-foot equivalent unit containers), up nearly 15 percent from the volume handled in 2005.
“PTP is primarily a trans-shipment port for Southeast Asia. Most of the containers handled in 2006 were transshipment cargo. However, 2006 also saw PTP recording significant growth in local volume,” he said.
PTP Chief Executive Officer Harun Johari pointed out that the port had experienced a 10-fold increase in total annual throughput since it began operating in 2000 and said:
“We also recorded double digit growth all these years. Although our growth in 2007 may not be as robust as in previous years, it will definitely be commendable and on par with the growth of the industry. We expect to record double digit growth again this year.”
He told Bernama recently that last year, PTP handled 4.8 million TEUs (twenty-foot equivalent unit containers), up nearly 15 percent from the volume handled in 2005.
“PTP is primarily a trans-shipment port for Southeast Asia. Most of the containers handled in 2006 were transshipment cargo. However, 2006 also saw PTP recording significant growth in local volume,” he said.