STS cargo transfer hub is a highly viable project — Dzulkefly

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JOHOR BAHRU (April 5): The ship-to-ship cargo transfer hub project, to be developed offshore Johor, is a highly viable project, said Johor Housing and Rural Development Committee chairman, Dzulkefly Ahmad.

He said the committee had no objection to work with the Federal government on the project.

“I believe that it is a highly viable project, but we (the State Government) need to be fully briefed on the details of the project, especially by the Federal government.

“We have no problems in working with the Federal government, and we have shown our commitment to the Government in many instances.

“But maybe there are things which we can improve on or fine-tune,” he told reporters after visiting the Desa Mutiara People’s Housing Project in Bandar Dato’ Onn here today.

He said this when asked to comment on the STS project which had elicited a number of reactions after the agreement on the project was sealed in Putrajaya three days ago.

The construction of the STS transfer hub, which is expected to cost between US$150 million and US$180 million is a joint collaboration between local Bumiputera company, KA Petra Sdn Bhd and the world’s largest shipping company, the Hong Kong-based Hutchinson Port Holdings Ltd.

The project will be funded by internal funds and loans, and would be implemented in several phases.