PKFZ has been identified as the ideal location for setting up the IMU Asia Campus as it offers excellent connectivity and infrastructure facilities.
Dato' Suhaimi Hj Yaacob, Executive Chairman for IASB and for PKFZ was Y.Bhg.
Similarly, PKFZ is established under the laws of Malaysia, is an integrated 1,000-acre Free Commercial and Industrial Zone providing facilities for international cargo distribution and consolidation centre.
Welcoming the initiative, the PKFZ Chairman Dato' Lee Hwa Beng added, "It provides PKFZ another nucleus of activity for the free trade zone and they aim to spawn a series of activities around the IMU Asia campus to support the shipping and logistics requirement of the industry.
Port Klang Free Zone or PKFZ is an integrated 1,000-acre Free Commercial and Industrial Zone providing facilities for international cargo distribution and consolidation centre.
'If you asked how many can recall what happened in PKFZ
, the Youth and Sports Ministry scandal, the NFC and the Sabah Water Department scandal...
PKA sued Phang, formerly its general manager, for breach of trust and duty over the PKFZ
Loke also urged PKA to find solutions to increase the authority's revenue from the PKFZ project.
'One of the contributors to PKA's RM266 million revenue is from PKFZ, amounting to almost RM80 million which involves the rental of industrial lots from the private companies and others.
Additionally, Loke said the new PKFZ chairman will not be a politician, which is in line with Pakatan Harapan's manifesto to appoint only professionals to lead government-linked companies.
However, he said it would be acceptable to appoint politicians as chairman and board members of PKA as it is a statutory body, not a company like PKFZ.