Selangor Launches First Phase Of Silp Worth RM500 Mln
SEKINCHAN, June 28 (Bernama) -- The first phase of the Selangor Integrated Landing Port (SILP) project, aimed at strengthening the state's fisheries sector, was launched today with an investment of RM500 million.
Menteri Besar Datuk Seri Amirudin Shari said the project, expected to begin by the end of 2026, will also complement the state's food security initiatives, such as the Selangor Food Warehouse.
'The first phase will involve the construction of a centralised jetty, about 30 to 40 fishing boat parking bays and serviced apartments.
'Subsequent phases will include facilities for boat repairs, maintenance and construction, followed by the development of tourism zones,' he told reporters after the launch of the SILP project here today.
Amirudin said the project is expected to boost the state's agricultural output by five per cent, positioning Selangor's west coast as a long-term economic growth hub.
He said that SILP is also intended to serve as a model for effective fisheries ecosystem management for other states, similar to the padi cultivation system practised in Sekinchan.
'At present, agriculture, including fisheries, contributes only one per cent to Selangor's economy.
'Together with the approved prawn farming ponds in Sabak Bernam and Kuala Selangor and the agricultural development areas being planned by the Selangor Agricultural Development Corporation, we project a five per cent increase in the upcoming Selangor Plan, either the second or third plan,' he said.
The first phase of the SILP project, spanning 33.9 hectares and expected to be developed over a five-year period, will include a fish auction hall, a commercial fish market, a tide-adaptive dock, a logistics hub for seafood distribution and maritime services, as well as shoreline upgrades.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Barnama
36 minutes ago
- Barnama
Gamuda-Dong Pi JV Bags Kaohsiung Port Construction Project Worth RM3.72 Bln
KUALA LUMPUR, June 30 (Bernama) -- Gamuda Bhd, together with Taiwan-based Dong Pi Co Ltd, has been awarded a contract for the construction of a wharf and connecting roads for the Kaohsiung Port Intercontinental Liquefied Natural Gas (LNG) Terminal Construction project in Taiwan, worth RM3.72 billion. In a filing with Bursa Malaysia today, the engineering company said the project was awarded to its unincorporated joint venture, in which Gamuda holds a 70 per cent stake and Dong Pi the remaining 30 per cent. It was awarded by the Taiwan International Ports Corp Ltd Kaohsiung Branch, the state-owned port authority managing the Port of Kaohsiung.
Barnama
36 minutes ago
- Barnama
Phnom Penh-Penang Direct Flight To Boost ASEAN Trade
GEORGE TOWN, June 30 (Bernama) -- Cambodia Airways' new direct flight from Phnom Penh to Penang aligns with the ASEAN Connectivity Master Plan 2025, reinforcing Malaysia's commitment to deeper regional integration. Malaysia Airports Holdings Bhd (MAHB) managing director Datuk Mohd Izani Ghani said the route opens new pathways for trade and cross-border collaboration, positioning Penang as a vital node in the ASEAN economic network. 'As the second new airline to commence operations at Penang International Airport this year, following Sichuan Airlines, Cambodia Airways' entry strengthens Penang's position as a key northern gateway and enhances our strategic role in advancing regional air connectivity,' he said in a statement today.
Borneo Post
an hour ago
- Borneo Post
Premier's pol-sec urges fed govt to conduct thorough studies before policy rollouts
Kho Teck Wan KUCHING (June 30): Political Secretary to the Premier, Kho Teck Wan, has urged the federal government to conduct more comprehensive studies and stakeholder engagements before implementing new policies to avoid burdening the public unnecessarily. 'Come July 1, our country will not only see the implementation of the expanded Sales and Service Tax (SST), but also the mandatory e-invoicing for businesses with annual turnover between RM5 million and RM25 million,' she said in a statement today. 'I am also glad to hear about the exemption of e-invoice for businesses with an annual turnover below RM500,000. However, since the announcement was made weeks before the implementation, most small, medium enterprises (SMEs) had already made the necessary changes, spent money on training, and purchased software in preparation for the e-invoice implementation. 'Now that the policy has suddenly changed, their investments have gone to waste. Their frustration and helplessness are understandable,' she said in a statement. She stressed that the last-minute changes in the policies lacked thorough impact assessment and stakeholder engagement by the federal government. On the exemption of imported apples and oranges from the expanded SST, Kho said the move would help ease the burden on consumers and businesses alike. 'I thank all parties who lobbied for the exemptions. However, as the announcement was made just days before July 1, I hope there will be no changes to the decision. 'Any changes now will not only make life difficult for the consumers and business owners, but also the enforcement officers,' she said. She also expressed concern over the impact of the SST expansion on financial services where starting July 1, Malaysian banks will begin charging an 8 per cent service tax on selected fees and commission-based services. 'By Sept 1, the tax will extend to other financial services not included in the first phase of the SST rollout on July 1. 'While we are assured by the Ministry of Finance that basic banking services for current and savings accounts will remain exempted, the bank service tax will certainly increase the cost of doing business. 'These increases will inevitably be factored into the cost of end products and services, where another price hike in the market is almost inevitable,' she said. Kho acknowledged that the expanded SST would contribute to increasing the national revenue but urged the federal government to explore alternative ways to grow the economy. 'Instead of increasing the national coffer by taxing the rakyat, I would like to see more initiatives to boost the national coffer and the public's income through foreign investments, job creations, and export opportunities,' she said. expanded SST kho teck wan new policies Sales and Services Tax
