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26 September 2021 The on-line newspaper devoted to the world of transports 06:20 GMT+2

April 14, 2009

Limatic gets US$100m funding to develop port

By Goh Thean Eu
Business Times

PROPERTY developer Limatic Holdings Sdn Bhd says it has secured US$100 million (RM362 million) in funding to develop the first phase of the Hutan Melintang Port, which is expected to be completed in three years.
The company, appointed developer of the port by concession holder Ghadaf Marble Sdn Bhd, said the first phase will cost RM950 million and that funding for the remaining portion will not be an issue ......
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