Sabah is set to push ahead with the expansion project of its Sapanggar Port to boost the state’s potential as the trade gateway to the BIMP-EAGA region, and improve connectivity to international markets.
In the way forward, Sabah Economic Development and Investment Authority (Sedia) has inked a First Tier ICP Agreement (FTIA) and main procurement contract on the Proposed Expansion of Sapanggar Bay Container Port, with WCT Holdings Bhd and joint-venture partner, China Communications Construction Company (M) Sdn Bhd (WCJV).
“This project is major key driver in upgrading, modernising port facilities and infrastructure, on line with the vision of upgrading Sapangar Port into a main regional transhipment hub, and enhance Sabah’s potential as the trade gateway for BIMP-EAGA consisting of Brunei, Indonesia, Malaysia and the Philippines,” said Assistant Finance Minister II Haji Yamani Hafez Musa.
Speaking at the signing ceremony, Yamani lauded the