Johor Port To Attract More Companies To Tanjung Bin Centre

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Johor Port To Attract More Companies To Tanjung Bin Centre

on 25 July, 2012

JOHOR BAHARU: Johor Port aims to attract more players to Tanjung Bin Petrochemical and Maritime Centre (Tanjung Bin) in its efforts to make it the new business centre for international oil traders in the region.

In an announcement yesterday, Johor Port said the Finance Ministry (MOF) had on May 10 this year approved the gazettement of Tanjung Bin as a free industrial zone.

Johor Port said it had also been appointed by the MOF as the zone authority responsible for all free zone matters within the RM2.4bil Tanjung Bin.

Seaport Worldwide, a wholly-owned unit of Johor Port, which in turn is wholly-owned by MMC Corp Bhd, is the master developer of Tanjung Bin.

- by The Star Online