EU Grants RM9.5 Million to Port of Lumut in Perak

The European Union has granted RM9.5 million to the Lumut Maritime Industrial City (LuMIC) project to conduct an assessment study. Ambassador Michalis Rokas attended the ceremony together with Belgian Ambassador Peter Van Acker.

The European Union (EU) awarded an RM9.5 million (EUR1.9mln) grant to a leading European industrial port operator, Port of Antwerp-Bruges International (PoABI) and Perak State Development Corporation (PKNPk) to conduct a study which will assess Malaysia’s attractiveness in the port and maritime sector. The parties also signed a Shareholder’s Agreement to further deepen their cooperation.

The grant was published together with the Chief Minister of the State of Perak, Datuk Seri Saarani Mohamad, the Belgian Ambassador to Malaysia Peter Van Acker and Ambassador of the EU to Malaysia Michalis Rokas. Ambassador Rokas complimented the Shareholder’s Agreement as “a visionary project that can transform the Port of Lumut to a fully sustainable Maritime and Industrial Cluster.”

The development of the Port of Lumut in Perak is a new Flagship project of the EU Global Gateway strategy.

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