Federal, S’wak Govts Agree On RM1.8 Bln State Takeover Of Bintulu Port – Loke
KUALA LUMPUR, Feb 4 (Bernama) — The federal government and the Sarawak state government have, in principle, agreed on a value of RM1.8 billion for the state’s acquisition of Bintulu Port, the Dewan Rakyat was told today. Transport Minister Anthony Loke said the federal government and the Sarawak state government are now at the final stage of the process to hand over the port to the state. He said a technical committee jointly chaired by both parties is fine-tuning the legal aspects to ensure that all obligations are fulfilled as provided under the Bintulu Port Authority (Dissolution) Act 2023 [Act […]