Container terminal operator DP World and Malaysia’s Sabah Ports have entered a partnership to handle the Sapangar Bay Container Port and considerably improve its dealing with capability.
The Sapangar Bay port is among the major regional commerce hubs for the Brunei Darussalam-Indonesia-Malaysia-Philippines East development space of the Affiliation of Southeast Asian Nations.
The partnership will see DP World help efforts at the moment underway to extend the port’s container dealing with capability from 500,000 teu to 1.25m teu by 2025. Investments may even be made to optimise terminal workflows, speed up digitalisation for better operational effectivity, and improve the port’s connectivity.
That is an addition to the long-term collaboration between DP World and Sabah Ports which, in 2019, signed an settlement to collectively develop options to reinforce Sapangar Bay’s competitiveness and drive cargo creation in Sabah’s hinterlands. In the long term, the imaginative and prescient of the collaboration is to enhance landside and seaside connectivity.
“In partnership with Sabah Ports, we are going to apply industry-leading practices to raise the port right into a hub for [the markets in the growth area], supported by an ever-growing community of inland container depots, industrial parks, logistics parks and free zones throughout Sabah,” stated Ahmed bin Sulayem, group chairman and CEO of DP World.
“The synergy with DP World can probably deal with the challenges of excessive logistics price confronted in Sabah, by means of the institution of a powerful transport community and growth of cargo base. The enterprise is anticipated to not solely influence Sabah’s transport and logistics {industry}. It can additionally result in financial development due to market confidence, thus attracting financial investments and infrastructural upgrades in transport, logistics, and alongside the availability chain,” added Ng Kiat Min, managing director of Sabah Ports.