Tanco Holdings Berhad through its 79%-owned subsidiary Midports Holdings Sdn Bhd announced that it has entered into a Memorandum of Agreement (MOA) with CCCC Dredging Southeast Asia Sdn. Bhd., a subsidiary of a Global Fortune Top 500 Companies in the world, CCCC Dredging (Group) Co. Ltd. for the design and engineering of Malaysia's first Smart AI Container Port in Port Dickson, Negeri Sembilan.
The agreement establishes the framework for CDSA to provide comprehensive design services for the Smart AI Port, which includes conceptual design, Front End Engineering Design (FEED), and Detailed Engineering. These services will encompass key aspects such as the wharf, approach bridges, harbour basin, and storage yards, positioning the Smart AI Container Port as a state-of-the-art infrastructure project that will enhance Malaysia's role in global maritime logistics.
Dato' Sri Andrew Tan Jun Suan, Group Managing Director of Tanco Holdings Berhad, stated, "We are pleased about this Memorandum of Agreement. Their deep industry expertise and proven track record in global port development will be instrumental in ensuring the successful design and execution of Malaysia's first smart AI port. This project reflects our commitment to innovative infrastructure and enhances Malaysia's position in international trade."
The Smart AI Container Port in Port Dickson, Negeri Sembilan, is part of Tanco's broader vision to establish a state-of-the-art maritime hub in Southeast Asia, leveraging cutting-edge technologies and AI solutions. The project is strategically located on a 480-acre landbank, with natural deep-water access exceeding 21 meters, allowing it to accommodate the world's largest container ships. Once completed, the port will significantly bolster Malaysia's logistics infrastructure, creating new industrial zones and fostering economic growth.