Tanco Holdings Bhd (THB), through its 79%-owned subsidiary Midports Holdings Sdn Bhd (MHSB), signed a memorandum of agreement (MoA) with CCCC Dredging Southeast Asia Sdn Bhd (CDSA), a subsidiary of China’s CCCC Dredging (Group) Co Ltd (CDCL). This agreement appoints CDSA as the professional consultant responsible for designing and engineering Malaysia’s first smart artificial intelligence (AI) container port in Port Dickson, Negeri Sembilan.
The MoA outlines CDSA’s provision of comprehensive design services, including conceptual design, front-end engineering design (FEED), and detailed engineering. The scope of services will cover essential infrastructure components such as the wharf, approach bridges, harbour basin, and storage yards, establishing the port as a modern logistics hub that will strengthen Malaysia’s global maritime position. The strategic location on a 480-acre landbank with deep-water access of over 21 meters makes the port capable of accommodating the world’s largest container ships.
THB’s managing director, Datuk Sri Andrew Tan Jun Suan, emphasized CDSA’s expertise in global port development, which will be crucial for the successful execution of the smart AI port project. The initiative is part of THB’s broader vision to create a modern maritime hub in Southeast Asia by integrating advanced technologies and AI solutions.
The port’s development will enhance Malaysia’s logistics infrastructure, generate new industrial zones, and stimulate economic growth. It will also be supported by existing and upcoming transportation networks, such as the East Coast Rail Link (ECRL), bolstering its status as a major Southeast Asia transshipment hub.
CDCL group chairman Liu Yongman highlighted Malaysia’s strategic significance within Southeast Asia and its role in the Belt and Road Initiative. The partnership with THB for the smart AI port, located in the Straits of Melaka, aims to elevate Malaysia’s logistics capabilities and strengthen bilateral ties. The MoA represents a significant step in THB’s journey to transform the region into a central maritime and industrial hub on the global stage.
Strong fundamentals support resilience in the banking sector.
Structured transitions help ensure long-term stability.
Analysts see upside for Greatech as record orders, data centre demand and improving execution support…
Mitrajaya’s earnings outlook remains positive, supported by stronger revenue recognition, data centre projects and steady…
Improving US-Iran negotiations and easing oil prices lifted global sentiment, while investors stayed cautious ahead…
Vietnam's General Secretary To Lam will visit Thailand, Singapore, and the Philippines from May 27…
This website uses cookies.