KUALA LUMPUR, 10th SEPTEMBER 2024 – Tanco Holdings Berhad (“Tanco” or “the Group”), a Emerging Malaysian Mid Cap company, has recently participated in the “Malaysia-China Entrepreneurs Exchange Conference” held in Kuala Lumpur on 9th September 2024, in conjunction with the 50th anniversary of China-Malaysia diplomatic relations.
The event was a collaborative initiative to foster deeper economic cooperation between Malaysia and China, focusing on transformative infrastructure projects such as Tanco’s highly anticipated Smart AI Container Port in Negeri Sembilan.
The conference brought together prominent organisations, including the Shanghai Overseas Economic and Technical Promotion Association, Malaysia Overseas Economic and Technological Industrial Development Association and the Malaysia-China Business Council. It served as a platform for promoting bilateral investments, particularly on sustainable development and digital economic cooperation.
Tanco’s Smart AI Container Port was highlighted as a key infrastructure project that will enhance Malaysia’s international trade capabilities. The port, boasting state-of-the-art technology and backed by a 480-acre landbank, will feature natural deep-water access exceeding 21 meters, allowing it to accommodate the world’s largest container ships. This positions Negeri Sembilan as a pivotal maritime hub in Southeast Asia, unlocking significant economic potential for Malaysia’s logistics and industrial sectors.
YB Teo Kok Seong, Negeri Sembilan State Executive Councilor, underscored Negeri Sembilan’s competitive investment environment, citing its geographic advantage as pivotal for Tanco’s port development.
Mr. Qi Quansheng, Chairman of the Shanghai Federation of Overseas Chinese, emphasised the important role overseas Chinese businesses play in the Belt and Road Initiative (BRI).
Tan Sri Datuk Seri Panglima Dr. Goh Tian Chuan (Tan Sri T.C. Goh), Chairman of the Executive Committee of the Malaysia-China Business Council, commended the growing partnership between Malaysia and China over the past five decades.
During the event, Dato’ Sri Andrew Tan Jun Suan, Group Managing Director of Tanco Holdings Berhad, expressed the Group’s vision to create a world-class port that will drive economic growth and technological advancement in Malaysia.
The project’s strategic location, coupled with Negeri Sembilan’s competitive land prices, makes it an attractive investment destination for both local and international enterprises. The state has already seen over RM2 billion in foreign investments, including notable players like Nezha Automobile, Lee Kum Kee, and Kibing Glass.
The successful completion of the Smart AI Container Port will mark a significant milestone in Malaysia’s infrastructure development, offering advanced logistics capabilities while promoting sustainable practices. It will also serve as a catalyst for the growth of industrial zones and green technology investments in the region.
As Malaysia and China celebrate five decades of diplomatic relations, the Smart AI Port project underscores the long-standing partnership between the two nations and paves the way for future economic collaborations. Tanco Holdings remains committed to driving innovation and economic growth through strategic partnerships, sustainable practices, and technological advancement.
