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FCZ status a game changer for Penang Port

DESPITE being the final federal port in the peninsula to be accorded the free commercial zone (FCZ) status, without a doubt, Penang Port Sdn Bhd’s North Butterworth Container Terminal’s (NBCT) operations will be impactful, especially when its transshipment activities are in full swing.Penang Port CEO Datuk Sasedharan Vasudevan said even though NBCT received the FCZ status on Feb 1 this year, the port operator has a conservative target for transshipment throughput of 50,000 twenty-foot equivalent units (TEUs) for 2021.

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