Malaysia’s biggest port operator, Westports Malaysia, is looking to raise 39.6 billion ringgit (299.17 billion baht) to fund its expansion scheme. Westports currently operates Port Klang, Malaysia’s main sea gateway.

The Malaysian government has confirmed it is going ahead with the plan to build a RM28 billion (S$8.5 billion) port to significantly boost the handling capacity for both container and conventional cargo at the main shipping hub of Port Klang.