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Penang manufacturers set for mass vaccination, await rollout


GEORGE TOWN: The manufacturing sector in Penang hopes the Federal government will expedite the rollout of the mass vaccination programme for economic frontliners once the new batch of COVID-19 vaccines arrives in Malaysia, expected in June.
Special investment adviser to the Chief Minister of Penang Datuk Lee Kah Choon said several manufacturing associations had already been preparing the groundwork to implement mass vaccination programmes for industrial workers.
He said that coordinated means under the public-private partnership immunisation model was needed in order to effectively streamline the mass vaccination for the economic frontliners and achieve herd immunity.
With Penang as one of the top foreign direct investment recipients among Malaysian states, we hope that the Federal government can expedite the mass vaccination programme rollout for our employees once the new batch of vaccines arrives in Malaysia,” he said in a virtual press conference ....

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The 'Big Game' Around Georgia's Deep-Water Ports


The ‘Big Game’ Around Georgia’s Deep-Water Ports
Publication: Eurasia Daily Monitor Volume: 18 Issue: 79
Anaklia deep-water port mockup (Source: Agenda.ge)
Last March, Georgian Prime Minister Irakli Garibashvili announced that his government would post a new tender for the construction of the Anaklia deep-water port (Report.ge March 31; Netgazeti, March 4). This mega-project, originally envisioned by former president Mikhail Saakashvili (in power 2004–2012), is the most ambitious in Georgian history. Several years ago, the country’s parliament even amended the constitution to facilitate its development, obligating any future government to build a deep-water port on the Black Sea coast of Georgia. The completion of such a port promises to upend the geopolitical and geo-economic situation of the Caucasus, Central Asia, and the Black and Caspian Sea regions (Jam-news.net, January 1, 2020). ....

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Port infrastructure to drive growth for logistics industry — Knight Frank


Knight Frank Malaysia capital markets executive director Allan Sim.
PETALING JAYA (Feb 16): Emerging opportunities for industrial real estate in Asia-Pacific, particularly in port infrastructure, have changed the overall landscape, according to Knight Frank.
In its latest report New Frontiers Regions of Opportunities: Infrastructure Impact on Industrial and E-Commerce and Supply Chain Evolution’s Impact on Industrial Real Estate , the consultancy firm highlights the opportunities in the sector amid the Covid-19 pandemic.
Knight Frank Malaysia capital markets executive director Allan Sim said in a press release: “The pandemic has accelerated the adoption of online retailing across selected key markets in Asia-Pacific, with the average online penetration growth estimated at 14% in 2020. Malaysia’s online retail growth of 17% during the year, the third highest among the countries reviewed, only translates to a country online penetration of 5%. Hence, there is muc ....

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