PADANG BESAR: The government is confident that the development of the Perlis Inland Port (PIP) will contribute significantly towards achieving the Malaysia-Thailand bilateral trade target, which is projected to reach US$30bil (RM119bil) by 2027.
Transport Minister Anthony Loke said the close ties between Malaysia and Thailand have long been the foundation of economic development in the border areas of both countries and the port would further strengthen these economic relations through more efficient, faster and integrated cross-border trade facilitation.
"Perlis' strategic location along the Malaysia-Thailand border gives the state a significant advantage in emerging as a major logistics and trade hub in the region. PIP has the potential to become a key land trade gateway linking Asean countries with broader markets in the Middle East and Eurasia," he said.
He said this at the opening ceremony of the Tuanku Syed Sirajuddin Free Commercial Zone at PIP on Saturday (May 30), officiated by the Raja of Perlis, Tuanku Syed Sirajuddin Jamalullail.
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