KOTA KINABALU (Nov 21): Global port operator DP World has outlined several strategies for the Sepanggar Bay Container Port (SBCP) after taking over the port’s operations from Sabah Ports Sdn Bhd.
State Works Minister Datuk Ir Shahelmey Yahya said several strategies and directions have been formulated by the company, such as collaborating with international operators and expanding the container port capacity to accommodate more cargo and improve logistics efficiency.
He said DP World also plans to introduce the best practices and latest technology to speed up the cargo transfer process and minimise operating time, and strengthen strategic trade routes to reduce logistics and maritime costs for users while making Sabah more competitive as a trade and investment destination.
Shahelmey said they also aim to create a Free Zone at the port to open up more opportunities to attract more foreign investment, promoting the growth of downstream activities and increasing cargo production, while contributing to Sabah’s revenue through corporate tax to be collected by the State Government.
“The State Government’s aspiration to position the Sepanggar Bay Container Port as a trade hub is expected to provide a significant positive impact on the economy of Sabah in the long term, by not only driving trade and investment growth, but also strengthening the state’s position as a major maritime hub in the region,” he said at the State Assembly question-and-answer session here today.