Malaysia can be maritime hub for East and West, says Anwar

Malaysia can be maritime hub for East and West, says Anwar

Prime Minister Anwar Ibrahim says Malaysian waters must remain open to all countries willing to trade.

Port Klang
Prime Minister Anwar Ibrahim said Port Klang and Tanjung Pelepas have the potential to become among the top 10 largest seaports in the world.
KUALA LUMPUR:
Prime Minister Anwar Ibrahim says Malaysia has the potential to become a maritime hub for Eastern and Western countries, given the nation’s relations with many of them.

Anwar, who is also the finance minister, cited the recent renewal of a five-year economic and trade cooperation pact with China, and Russian foreign minister Sergey Lavrov’s recent visit to Malaysia, during which they discussed Malaysia’s application to join BRICS.

He also highlighted Malaysia’s enduring trade relations with the US, with bilateral trade totalling US$78.3 billion annually, according to the US Embassy in Malaysia.

Anwar said not many countries enjoyed such “good partnerships” with their neighbours, which is why Malaysian waters must remain open to all nations willing to trade.

“Should we confront geopolitical challenges, we will maintain a fiercely independent and neutral (stance) to contain any negative forces, with a focus on protecting our national interests,” Anwar said at the launch of Malaysia Maritime Week in Kuala Lumpur.

The prime minister also believes that Port Klang and Tanjung Pelepas have the potential to become among the top 10 largest seaports in the world under the guidance of transport minister Loke Siew Fook.

In 2022, then transport minister Wee Ka Siong said the two ports were ranked among the world’s top 20. Similarly, China was the only other country with more than one port in the top 20.

“Shipping must continue to be considered the bloodline that supports connectivity, which is an essential part of global trade,” Anwar said.

He admitted that more could be done to develop the maritime industry, adding that it was time for the government, led by the transport ministry, to provide stakeholders the necessary support for the sector to become stronger and more competitive.

“We have the potential. I won’t say we have done our best, but we are here to learn. We are prepared to make the necessary adjustments.”

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