Adani Ports and Special Economic Zone (Apsez) is looking to set up a multi-purpose container port at Carey Island in Malaysia’s Selangor state.
In this regard, the Adani Group On Monday announced the signing of Memorandum of Understanding (MoU) with Malaysian MMC Port Holdings Sdn Bhd, a wholly-owned unit of MMC Corporation Berhad.
Simultaneously, MMC Port Holdings, Sime Darby Property Berhad and Apsez have signed a separate MoU to carry out a feasibility study for developing an integrated maritime city on Carey Island to support the planned greenfield project.
Karan Adani, CEO of Apsez, said, “Malaysia is very strategic to Apsez’s global strategy and with straits of Malacca being a global shipping route, it helps us to drive our global transhipment strategy further. With Vizhinjam port on one side, Carey Island port on the other, we will be able to give transhipment solutions to global shipping lines. MMC and Sime Darby are valued partners and their involvement in these projects strengthens the case even more to make both these projects successful.”