Sime Darby should be RM200b Carey Island port city 'anchor' - Port Klang Authority

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KUALA LUMPUR (Jan 21): Port Klang Authority (PKA) is pushing Sime Darby to spearhead the planned RM200 billion port city development on Selangor's Carey Island. This is because Sime Darby is a landowner on the island.

The Edge Malaysia business and investment weekly (Edge Weekly), in its January 23 - 29 issue quoted PKA chairman Tan Sri Kong Cho Ha as saying in an interview that diversified-entity Sime Darby should be the anchor for the project. 

“We are pushing Sime Darby. They (Sime Darby) should be the anchor as they are the landowner … If you own a house and people want to come into your house or rent your house, of course, you have a say,” Kong said.

Sime Darby was, however, noncommittal in its response on the Carey Island port city project.

“Sime Darby continuously seeks value-enhancing opportunities for the group. As and when there are new developments in the business, the appropriate announcements will be made,” Sime Darby told Edge Weekly.

Sime Darby's businesses include oil palm plantation, property development and port operations.

For a better understanding on the proposed RM200 billion port city on Carey Island, kindly pick up and read the latest Edge Weekly issue.