PIP (Perlis Inland Port) To Contribute To Malaysia-Thailand US$30 Bln Trade Target

” ‘Perlis’ strategic location along the Malaysia-Thailand border gives the state a significant advantage in emerging as a major logistics and trade hub in the region. PIP has the potential to become a key land trade gateway linking ASEAN countries with broader markets in East Asia and Eurasia,’ [Anthony Loke, Malaysian Transport Minister] said.”

“He said this at the opening ceremony of the Tuanku Syed Sirajuddin Free Commercial Zone at PIP today, officiated by the Raja of Perlis, Tuanku Syed Sirajuddin Jamalullail.”

“He said the facility would also complement other strategic developments under the Northern Corridor Economic Region (NCER), including the Chuping Valley Industrial Area, the Kedah Rubber City and the Kedah Science and Technology Park, creating a competitive and mutually reinforcing economic ecosystem.”

” ‘Through its direct connection with Malaysia’s double-track rail network and Thailand’s railway system, the facility will provide wider access to markets across ASEAN, China, Central Asia and Europe through the Trans-Asian Railway network.’ ”

” ‘With an area spanning 202.34 hectares and its comprehensive modern logistics facilities, the PIP offers an initial handling capacity of 600,000 TEUs per year and has the potential to expand to two million TEUs once completed,’ he said.”

https://www.bernamabiz.com/news.php?id=2563051

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