RM2b to develop Port Klang Free Zone
THE Port Klang Free Zone (PKFZ) in Selangor is to be turned into a distribution hub for the region and serve as an industrial zone for manufacturing under a new plan by the Federal Government.
Part of the RM2 billion development cost will come from the Eighth Malaysia Plan.
Of the RM2 billion, half will be used to acquire and develop the 403ha site in Pulau Indah, near Westport.
Deputy Prime Minister Datuk Seri Najib Tun Razak said the remaining RM1 billion would be spent over the next two years to build a multi-storey operations and business centre and facilities for light industries, such as terrace, semi-detached and detached factories.
The Port Klang Authority is to take charge of the overall development of the PKFZ, which will cater to the needs of manufacturing activities within it through procurement and distribution facilities.