How much is PKFZ paying quarterly to Port Klang Authority?

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PKFZ's Quarterly Payments to Port Klang Authority Amount to RM55 Million

The Port Klang Free Zone (PKFZ) is making quarterly payments of RM55 million to the Port Klang Authority (PKA). This payment schedule is part of PKFZ's long-term plan to repay a substantial federal loan. The ongoing payments are crucial for PKFZ to manage its financial obligations, which stem from a RM3.8 billion federal loan taken by PKA on its behalf.
Loan Repayment Timeline

The current quarterly payment of RM55 million is projected to allow PKFZ to fully repay its RM3.8 billion federal loan over approximately 29 years. This repayment period underscores the scale of the financial commitment undertaken for the development and ongoing operations of the free zone.
PKA's Revenue Collection

Last year, the Port Klang Authority collected a total of RM220 million from the PKFZ. This revenue collection demonstrates the financial activity within the zone and its contribution towards meeting financial commitments.
Consistent Growth of PKFZ

PKFZ has experienced significant financial expansion over the past five years, achieving a compound annual growth rate (CAGR) of 17.6%. This robust growth has been primarily driven by an increase in lease agreements and a higher volume of cargo movement through Westports, indicating a positive trajectory for the zone's economic performance.

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How much is PKFZ paying quarterly to Port Klang Authority?

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