MUAR, Nov 29 \u2014 The launch of Maharani Freeport is expected to create thousands of job opportunities and enhance Malaysia\u2019s maritime logistics competitiveness and supply chain resilience, said Prime Minister Datuk Seri Anwar Ibrahim.<\/p>\n
\u201cThis from-the-people, for-the-people project will create at least 45,000 employment opportunities, attract supporting industries, and open doors for small and medium enterprises (SMEs) to participate in international commerce.<\/p>\n
\u201cThrough Maharani Freeport, we aim to strengthen these pillars by expanding our maritime capacity, enhancing our logistics competitiveness, and deepening Malaysia\u2019s participation in global supply chains,\u201d he said in his opening speech at the Maharani Freeport launch in Tanjung Emas here today.<\/p>\n
It will serve as a strategic logistics and investment gateway linking East and West through the Straits of Melaka, while improving supply reliability and reducing costs.<\/p>\n
\u201cEvery year, about 100,000 vessels pass through these waters, carrying close to a quarter of the world\u2019s seaborne oil trade and a substantial share of global commerce.<\/p>\n
\u201cWith its freeport status, this state-of-the-art mega development will offer world-class connectivity to attract global investors seeking efficiency, flexibility, and strategic access to Asia\u2019s fastest-growing markets,\u201d he added.<\/p>\n
Anwar said the government had approved a suite of tax incentives through the Finance Ministry to spur major investments involving the master developer and companies undertaking energy hub activities, deep-sea port operations, and trade-related services.<\/p>\n
Tailored incentives have also been provided for specific sectors, including data centres, infrastructure and utilities, green technology, medical tourism, and hospitality. The project will, he said, stimulate growth in logistics, shipbuilding, education, and urban development.<\/p>\n
The freeport was planned with sustainability at its core, integrating green technologies, renewable energy systems, and digital innovation to reduce emissions and improve operational efficiency.<\/p>\n
The launch, Anwar said, signals Malaysia\u2019s invitation to global partners and investors, offering opportunities, stability, integrity, and partnership.<\/p>\n
The government officially gazetted the Maharani Freeport status and free zones on Nov 28, and it is now open for business, he added. \u2014 Bernama<\/p>\n","protected":false},"excerpt":{"rendered":"MUAR, Nov 29 \u2014 The launch of Maharani Freeport is expected to create thousands of job opportunities and…\n","protected":false},"author":2,"featured_media":161267,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,97045,184,17790,85,46,97044,97046,97047,97048],"class_list":["post-161266","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-datuk-seri-anwar-ibrahim","tag-economy","tag-global-supply-chains","tag-il","tag-israel","tag-maharani-freeport-launch","tag-malaysia-maritime-logistics","tag-straits-of-melaka","tag-sustainability-initiatives"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/161266","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=161266"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/161266\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/161267"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=161266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=161266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=161266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}