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Perlis Inland Port Set to Boost Malaysia-Thailand Trade to US$30 Billion
Perlis Inland Port to contribute to US$30bil Malaysia-Thailand trade target
Image: The Star
The Perlis Inland Port (PIP) is expected to significantly enhance Malaysia-Thailand trade, targeting US$30 billion by 2027. Transport Minister Anthony Loke highlighted its strategic location and potential to improve logistics, create jobs, and attract investments, while also supporting a greener transport system.
- 01The Perlis Inland Port aims to facilitate the Malaysia-Thailand trade target of US$30 billion (RM119 billion) by 2027.
- 02PIP is designed to replace the Padang Besar Cargo Terminal, increasing capacity from 150,000 TEUs to an initial 600,000 TEUs per year.
- 03The port will enhance cross-border trade efficiency and strengthen economic ties between Malaysia and Thailand.
- 04PIP will connect to Malaysia's rail network and Thailand's railway system, improving access to markets across Asean, China, and Europe.
- 05The development is part of the Northern Corridor Economic Region (NCER) strategy, promoting local economic growth and job creation.
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The Perlis Inland Port (PIP) is poised to play a crucial role in achieving the Malaysia-Thailand bilateral trade target of US$30 billion (approximately RM119 billion) by 2027. Transport Minister Anthony Loke emphasized the port's strategic location along the Malaysia-Thailand border, which will enhance trade facilitation and strengthen economic relations between the two countries. The PIP is set to replace the existing Padang Besar Cargo Terminal, significantly increasing its handling capacity from 150,000 twenty-foot equivalent units (TEUs) to an initial 600,000 TEUs annually, with potential expansion to two million TEUs. This facility will connect with Malaysia's double-track rail network and Thailand's railway system, providing broader market access across Asean, Central Asia, and Europe. Additionally, PIP is expected to stimulate local economic growth through job creation and increased investments, while also supporting a greener transportation system by promoting rail as the primary cargo transport mode.
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The development of the Perlis Inland Port is expected to stimulate local economic growth through job creation and increased business activities.
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