Port Of Tanjung Pelepas Launches Green Sukuk

KUALA LUMPUR, The Port of Tanjung Pelepas (PTP), a leading transshipment hub jointly owned by Malaysia’s MMC Group and Netherlands-based APM Terminals, has successfully completed the issuance of its first-ever green sukuk, underscoring its long-term commitment to sustainable growth and responsible investment practices.

Valued at RM500 million, the issuance is structured in two tranches with maturities of three and five years respectively. According to a statement from PTP, the proceeds from the green sukuk will be allocated towards funding the port’s ongoing capacity expansion and infrastructure enhancement initiatives.

The issuance is valued at RM500mil and split equally across three-and five-year tenors, PTP said.

PTP chairman Tan Sri Che Khalib Mohamad Noh said the financing marks a significant milestone in the company’s efforts to align its development strategy with environmental, social and governance (ESG) principles. The green sukuk will help drive the next phase of PTP’s growth, enabling the terminal to efficiently accommodate increasing export, import, and transshipment volumes from its global clientele.

“This issuance supports our broader investment plan to raise PTP’s annual handling capacity to 15.9 million twenty-foot equivalent units (TEUs) in the coming years,” he said. “Our continued expansion not only ensures operational excellence and competitiveness but also reinforces Malaysia’s position as a key maritime gateway in the region.”

The green sukuk initiative reflects PTP’s commitment to integrating sustainability into its financial and operational frameworks, aligning with Malaysia’s push for green financing and the transition toward a low-carbon economy.

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