Kuala Lumpur

MALAYSIA has signalled its intention to proceed with the ambitious Carey Island port-city project by co-opting India's biggest private multi-port operator Adani Ports and Special Economic Zone Ltd (APSEZ) to undertake feasibility studies for the mammoth development.

On Monday, APSEZ signed two memoranda of understanding: the first with MMC Port Holdings Sdn Bhd to undertake a feasibility study on building a large-scale modern container terminal on Carey Island off Port Klang; and the second with MMC Port and Sime Darby Property Bhd on the viability of developing an integrated maritime city.