News
Malaysia's marina investment
21 November 2006
The company which owns the Tanjung City Marina, Penang Port, is confident that the site can become a hive of tourism activity.
The firm says that once current upgrading work has been completed, the RM44m (£6.4m) marina will attract many tourists and yachts, reports the Star Online.
Penan Port's chief operating officer, Niana Merican, has conceded that the company is new to the market, but remains confident that the marina's top-class facilities will guarantee it is a success.
The port authorities have agreed with Mr Merican's optimism and forecast that yachters will soon be flocking to the site once its 102 births have been deepened.
'We will build a RM1.5mil [£200,000] wave breaker-cum-breakwater system early next year and that will solve the wave problems,' revealed Mr Merican.
He also went on to outline the long-term plans of the firm, including the introduction of a RM2m (£300,000) boat mart.
'We will convert a vacant warehouse beside the marina for the boat mart and the mart will have almost everything for yachting activities,' he said.
International and regional promotion of the marina is to begin in earnest, with Penan Port promising to have 'the best cruise terminal in the region' by November 2007.
© Adfero Ltd
The firm says that once current upgrading work has been completed, the RM44m (£6.4m) marina will attract many tourists and yachts, reports the Star Online.
Penan Port's chief operating officer, Niana Merican, has conceded that the company is new to the market, but remains confident that the marina's top-class facilities will guarantee it is a success.
The port authorities have agreed with Mr Merican's optimism and forecast that yachters will soon be flocking to the site once its 102 births have been deepened.
'We will build a RM1.5mil [£200,000] wave breaker-cum-breakwater system early next year and that will solve the wave problems,' revealed Mr Merican.
He also went on to outline the long-term plans of the firm, including the introduction of a RM2m (£300,000) boat mart.
'We will convert a vacant warehouse beside the marina for the boat mart and the mart will have almost everything for yachting activities,' he said.
International and regional promotion of the marina is to begin in earnest, with Penan Port promising to have 'the best cruise terminal in the region' by November 2007.
© Adfero Ltd
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