Competitive pricing and efficient services, including a speedy turnaround time, is expected to drive Malaysian ports to achieve a seven per cent growth in cargo handling in 2011, said Transport Minister Datuk Seri Kong Cho Ha.
He said Malaysian ports handled 18.4 million twenty-foot equivalent units (TEUs) last year, up 14.8 per cent, compared to 16.04 million in 2009.
"We expect further growth for this year and ahead. We are projecting a seven per cent growth in terms of TEUs and it is a conservative figure," he told reporters after opening the National Maritime Conference here today
Source: Business Times