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Selangor identifies Port Klang as ideal location for next DFTZ

July 10, 2018 12:43 PM
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SHAH ALAM: The Selangor state government has identified Port Klang as an ideal location for the next Digital Free Trade Zone (DFTZ), which could improve the ranking of the second largest container port in Asean, said State senior executive councillor Datuk Teng Chang Kim.

Teng said the DFTZ would boost Port Klang’s ranking to become the 10th largest container port in the world from the current 12th position, as it would provide local small and medium enterprises (SMEs) with the opportunity to export their products globally via e-commerce.

“The DFTZ will increase the capacity of twenty-foot equivalent units and thus attract more investments from global players, making Selangor a regional logistics hub,” he added.

He told reporters this after launching the inaugural Investment Forum on Logistics Industry, themed, “Deepening Logistics Supply Chain in Selangor”, organised by the Malaysian Investment Development Authority (Mida) and Invest Selangor today.

Source: thesundaily.my

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