A new US$45bn port project will be developed over the course of 20 years on Carey Island, Malaysia, local media reported.
The project, which will cover an area of over 100 sq km, is expected to include the construction of integrated port and related infrastructure, industrial parks, free trade zones, as well as commercial and residential buildings.
The new facility will reportedly have an annual capacity of 30m TEU, being able to handle more cargo than the existing Northport and Westport combined.
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