GEORGE TOWN, May 5 -- The first phase of the new air cargo warehouse complex, designated as a Free Commercial Zone, is expected to be completed and begin operations in 2029, said Penang chief minister Chow Kon Yeow.
He said the complex is expected support an additional capacity of up to 100,000 tonnes per year.
"Overall, the Penang International Logistics Aeropark development is projected to handle cargo capacity of up to 500,000 tonnes per year by 2050, with more than two million square feet of warehouse space," he said after a site visit of project in Batu Maung here.
Chow said PILA is a strategic joint venture project between the Penang Development Corporation (PDC) and Malaysia Airports Holdings Berhad (MAHB).
He said the developm...
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