Malaysia’s Carey Island megaport plan stalls on lower demand

November 16, 2017 8:59 PM

KUALA LUMPUR – An ambitious plan to build a RM140 billion (S$45.5bil) mega port on an island off Selangor has been shelved for now by its main promoter, MMC Corp led by Malaysian tycoon Syed Mokhtar Albukhary.

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