The Southeast Asian port industry is maximizing its strategic competitive position in seaports. The region has set more than $47 billion of investments in port development, expansion projects and planning strategies to address the growing demand and achieve higher competitiveness through a stronger flow of investments into the transport and logistics segments.
Malaysia, for example, will start operating the first phase of its Kuantan Port this year, as a new deep water Port, just to continue with the second phase of the project, expected to end in 2020. Along with Penang Port, Kuala Linggi and of course, Port Klang in the pipeline, the country is set for improvement projects coming up in the next 20 years in all their major ports.
At the 6th Southeast Asia Port Expansion Summit, government officials, investors, port authorities and port & terminal operators from the entire South-East Asia region will go in discussion with consultants, architects, construction companies, equipment providers and service groups, in order to better explore the market and support the project developments. Topics will range from AMPC initiatives and impact of China`s Maritime Silk Road, to improvement in customs clearance, port management and operations, to the newest tech developments and how to cater to the new shipping alliances.