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Monday, April 29, 2024

Perlis Inland Port to boost Malaysia-Thailand trade — PM

PADANG BESAR (March 15): The establishment of the Perlis Inland Port (PIP) is very timely to boost trade between Malaysia and Thailand, Prime Minister Datuk Seri Ismail Sabri Yaakob said.

He said that currently, total trade between Malaysia and Thailand is worth US$23 billion (about RM96.78 billion), of which US$10.5 billion was contributed through cross-border trade.

“My first official visit to Thailand in February proved the commitment between both countries to enhancing bilateral relations and cooperation in various fields, such as trade and investment, agriculture, education and manpower.

“Malaysia and Thailand have also agreed to increase the value of trade between both countries to US$30 billion by 2025,” he said at the launch of the PIP and “Bonded Road” here on Tuesday (March 15).

The event was graced by Raja of Perlis Tuanku Syed Sirajuddin Putra Jamalullail,…

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