Affected by the epidemic, Port Klang provided quantitative incentives



        Malaysian Transport Minister Wee Ka Siong said that the Port Klang Authority (PKA) will provide incentives to terminal operators this year because of the impact of the Covid-19 epidemic, throughput is expected to decline by 16% year-on-year to 11.4 million TEU.


   Port Klang is the busiest container port in Malaysia. With a throughput of more than 13.6 million TEU in 2019, Port Klang will provide a reward of 17 million ringgit (US$4 million).


   During his visit to Port Klang on July 9, Wee said that due to the disruption of the supply chain by the pandemic, the freight volume in 2020 fell by 9.3% year-on-year, and no improvement is expected this year.


  He said that the three economic stimulus plans and short-term economic recovery plans launched by the government between March and June have begun to bear fruit. The throughput of the port has been improving since June.


   Another help is to extend the free docking period of containers. For imported goods shipped in containers, the preferential period is extended from 4 days to 6 days; for export containers, the preferential period is extended from 5 days to 7 days.


  Wee said that PKA will also cancel applications for various licenses and permits, thereby exempting various government fees, but will discuss with relevant government departments.


  In addition to the efforts of PKA and the government, Northports and Westports, two major terminal operators in Port Klang, will also offer discounts to liner operators and shippers.


  PKA will also provide terminal operators with subsidies and tax relief, totaling 3.23 million kyats (US$757,000) by the end of the year. Tenants in the Port Klang Free Zone can also enjoy rental discounts.


  Wee said that PKA will continue to promote digitization to improve its efficiency.