PKA general manager K Subramaniam says they have been making the annual repayment to the federal government without fail.
Read More:
https://www.freemalaysiatoday.com/category/nation/2025/03/18/port-klang-authority-still-owes-govt-rm3-2bil/
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https://www.freemalaysiatoday.com/category/bahasa/tempatan/2025/03/18/lembaga-pelabuhan-klang-masih-hutang-kerajaan-rm3-2-bilion/
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Read More:
https://www.freemalaysiatoday.com/category/nation/2025/03/18/port-klang-authority-still-owes-govt-rm3-2bil/
Laporan Lanjut:
https://www.freemalaysiatoday.com/category/bahasa/tempatan/2025/03/18/lembaga-pelabuhan-klang-masih-hutang-kerajaan-rm3-2-bilion/
Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.
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NewsTranscript
00:00The General Manager of Port Klang Authority revealed that it still owes the government
00:063.2 billion ringgit out of the 3.8 billion ringgit federal loan it received in 2013.
00:14The loan was extended to PKA to underwrite the cost of developing the Port Klang Free
00:20Zone.
00:21K Subramaniam said the PKA has been making the annual repayment of RM222 million to the
00:29finance ministry without fail since 2018, as per the loan agreement.
00:35He also revealed that in the last six years, PKA's annual deficit and surplus had more
00:41or less cancelled out each other.
00:44Subramaniam said PKA recorded a loss of RM600,000 in 2023, but its revenue is expected to surpass
00:53RM400 million this year with a RM10 million surplus.
00:58He said that PKA would be able to generate the RM400 million through better management
01:04of its land assets and improved port services, leading to higher returns.