Kuala lumpur: China’s Guangxi Beibu Gulf International Port Group Co Ltd is expected to make further investment in Malaysia soon, following the success of its investment in Kuantan in 2013. Its deputy general manager, Zhou Yan, expressed confidence when asked by Bernama whether the corporation planned additional investment in Malaysia, replying: ‘Yes, definitely.’

According to BERNAMA News Agency, Zhou indicated he could not share more details on the investment but noted potential opportunities for the corporation to work closely with its joint venture partner. During the Asia Pacific journalists’ visit to Beibu Gulf Port showroom of the New International Land-Sea Trade Corridor, Zhou responded to questions about the corporation’s next investment, suggesting it could be in Kuantan or other ports.

Zhou also spoke about the timing of the investment, expressing hope it would take place soon, although he acknowledged that several factors still needed resolution. He mentioned his frequent visits to Malaysia, com
menting positively on the country and its economic prospects.

The Beibu Gulf Port Group’s investment in Kuantan Port is highlighted in its showroom, alongside information and photographs of other overseas seaports in which it has invested. The company is described as a large state-owned enterprise directly under the People’s Government of Guangxi Zhuang Autonomous Region. Established on February 14, 2007, it was formed by integrating the public wharf assets of Fangchenggang, Qinzhou, and Beihai, marking a pioneering effort in cross-administrative regional port integration in China.