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Carey Island cargo port, Westports 2 expansion and Port of Tanjung Pelepas expansion were mentioned. We estimate that they could avail a whopping MYR45.5 bil worth of jobs.
Potential beneficiaries of the port ‘megaprojects’ are Muhibbah Engineering, IJM and WCT.
Last year concession division (mainly airport) contribute > 100m profit !
This year the airport traffic expect to growth further 20%.
With the confirmation of 15 years operating rights at new airport (higher capacity somemore) ~ so ridiculous the share price trading at current level !!
