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Inai Kiara Will Further Push Up Country's Shipping Industry, Says Rosmah | 21/07/2010
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PORT KLANG, July 21 2010 (Bernama) -- The participation of Inai Kiara Sdn Bhd in the ship building sector through its subsidiary company, Selat Melaka Shipbuilding Corporation Sdn Bhd, will further enhance the country's shipping industry, particularly in the building of dredgers, said the Prime Minister's wife, Datin Seri Paduka Rosmah Mansor today.

"It is also a positive and proactive move as prior to this, Malaysia did not have the capability to build dredgers," Rosmah said in her speech at the launch of Selat Melaka Shipbuilding's masterplan for its shipyard development project in Pulau Indah on Wednesday.

She said with the bold move by Inai Kiara to bring in German and Dutch technology, the country now had the technology to build dredgers locally.

Rosmah said she had been also informed that Selat Melaka Shipbuilding's shipyard was the sole shipyard in the country capable of building and repairing dredgers.

With its strategic location and access via both land and sea, and its proximity to Port Klang, the shipyard has high potential to attract foreign investors to invest in various other related industries such as gas and oil, she said.

The development of the shipyard will also certainly provide the value addition currently needed in the Malaysian shipping industry, she said.

"I am certain this latest development will help place Malaysia's name in the world map, as a new location offering the facilities for building and repairing dredgers," she said.

Apart from this, once completed, the shipyard will also offer 10,000 job opportunities for various skills as well as generate business opportunities for entrepreneurs, suppliers of services and products for the local shipping industry.

Indirectly, the shipyard will be a catalyst for economic development, particularly in Pulau Indah, she said.

The involvement of Inai Kiara as a local company in the industry will also help contribute towards savings in foreign exchange while cutting down the dependence on foreign shipping companies and insurance, she said.

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