Malaysia’s ports will benefit from continued expansion in 2014. This has been built not only on the back of the country’s overall economic growth but also flows from long-standing plans for development. New terminals and improved efficiency are now in the pipeline.
With 2013 seeing the government begin formulating a Logistics Sector Master Plan (LSMP), along with the reconstitution of the Malaysian Logistics Council (MLC), the sector is set to see major expansion in the years ahead. This is a welcome development for many, as Malaysia faces the task of boosting regional logistics integration ahead of the...
With fares slashed and more routes than ever before made available, 2013 was a year of major expansion for the Malaysian air transport sector. Passenger numbers surged, with Malaysia Airports Holdings reporting the fastest growth on record – at 18.4% – to a total of 79.6m arrivals. The number of planes in the air and the number of airlines in...
Situated at the heart of some of the world’s most important trade routes, Malaysia has long been a global transportation hub. In more recent years too, the country’s economy has undergone sustained growth, with the government’s declared aim that of pushing this further to achieve high-income country status by 2020. Key to meeting this goal is...
As Malaysia aims to achieve high-income country status by 2020, the key to reaching the goal is enhancing transport infrastructure, with major investments in air and sea, road and rail currently under way. At the same time, the logistics sector remains highly competitive, with air transport in particular seeing some fierce price wars in 2013-14. The most recent census – for 2010 – confirmed a...
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