Latest news with #BKHICD
The Sun
6 days ago
- Business
- The Sun
Amir Hamzah visits newly completed Bukit Kayu Hitam Inland Customs Depot
ALOR SETAR: Malaysia's Finance Minister II Datuk Seri Amir Hamzah Azizan has visited Bukit Kayu Hitam (BKH) Inland Customs Depot (ICD) and the free commercial zone during a recent working visit. In a statement dated June 1, PKT Logistics Group Sdn Bhd group chief executive and managing director Datuk Seri Dr Michael Tio said the visit marked a significant milestone for the company. It showcased the operational readiness of BKH ICD's world-class inland port and free commercial zone, which were designed to enhance Malaysia's logistics and transportation sector. Tio said: 'Established as a joint venture on Dec 3, 2019, Bukit Kayu Hitam ICD Sdn Bhd unites two leading entities, One Northern Hub Sdn Bhd, a fully owned subsidiary of PKT Logistics Group Sdn Bhd, and Northern Gateway Logistics Sdn Bhd, a wholly owned subsidiary of Northern Gateway Sdn Bhd. 'Strategically positioned adjacent to the Bukit Kayu Hitam Immigration Customs Quarantine Security Complex, this 50-acre development is located on the North-South Expressway, which is also designated as Asian Highway 2, Malaysia's key route for the ASEAN Customs Transit System,' he said. The statement said that through the ASEAN Customs Transit System, BKH ICD facilitates seamless duty-free trucking across borders, linking Singapore to Vietnam and onwards to China. The inland port's phased development comprises four distinct segments. Phase one is the 12.4-acre BKH Inland Port, which features a customs office complex spanning 19,775 square feet (sq ft). Phase two, the BKH Free Commercial Zone (Blackwood Forests), encompasses 9.3 acres and is home to four high-capacity warehouses known as Summer, Spring, Autumn and Winter. Collectively, they offer about 200,000 sq ft of storage space. The statement said future phases will introduce parking, fuelling, and electric vehicle (EV) charging stations, followed by an integrated hub for office space, education, retail, and hospitality known as the Blackwood Complex. Tio said that in 2008, the company had envisioned the establishment of One Northern Hub to ease southern Thai exports via Malaysian ports. 'Today (June 1), the launch of BKH ICD and free commercial zone, the first two components of One Northern Hub is to elevate Malaysia's status to the next ASEAN logistics hub by making cross-border cargo movements seamless, efficient and secure. At the same time, we also aim to bring socioeconomic development to our surrounding communities,' he said. Since breaking ground in early 2022, BKH ICD has achieved several key milestones. Full regulatory approvals were secured in early 2025. It was operational on April 8, 2025. Tio said the free commercial zone was officially launched on June 1, 2025, reinforcing its role as a vital trade enabler. Operational efficiency is a core pillar of BKH ICD's success, and the facility operates seven days a week from 7 am to 10 pm with a capacity to handle 250,000 TEUs (20-foot equivalent units) annually. 'Equipped with advanced stacking slots for dry and refrigerated containers, the port targets a productivity rate exceeding 10 moves per hour. Cutting-edge infrastructure, including flexible entry-exit lanes and a next-generation terminal operating system, ensures smooth logistics management,' Tio said.
Barnama
21-05-2025
- Business
- Barnama
Penang Port And BKH ICD Collaborate To Boost Cross-border Trade In Northern Malaysia
REGION - NORTHERN > NEWS GEORGE TOWN, May 21 (Bernama) -- Bukit Kayu Hitam ICD Sdn Bhd (BKH ICD) and Penang Port Sdn Bhd have signed a Memorandum of Understanding (MoU) to form a strategic partnership aimed at enhancing the efficiency and connectivity of Northern Malaysia's trade ecosystem. In a statement today, Penang Port said the MoU signed on May 14, signals a firm commitment by two key players in the region's logistics network to drive progress and unlock new opportunities. "The MoU outlines the commitment between BKH ICD, a respected facilitator of cross-border trade at the Malaysian-Thailand border, and Penang Port, the gateway port in the northern region, to collaborate effectively. bootstrap slideshow "Their goal is to leverage their respective strengths and expertise, honed through years of successful operations, to improve the flow of goods, streamline processes and ultimately deliver greater value to businesses operating in and passing through Northern Malaysia," the statement said. Penang Port said BKH ICD has built a reputation as key enabler of international trade, offering customs-controlled storage, efficient container handling, and comprehensive warehousing solutions at the Bukit Kayu Hitam gateway. According to the statement, the two parties aim to create a more integrated and responsive logistics value chain by fostering closer collaboration. "The anticipated benefits include shorter transit times, improved operational efficiency, and the development of innovative solutions to meet the evolving needs of the trade community," it said. Penang Port said the MoU also lays the groundwork for future collaboration and mutual development, reflecting a commitment to open dialogue and the exchange of best practices, while both parties retain their independence and ability to pursue separate partnerships. 'It further underscores a shared vision for a more streamlined and interconnected logistics framework in Northern Malaysia, ultimately contributing to regional economic growth,' it added.
