PKFZ may face 'bankruptcy' over soft loan
- 9 years ago
Port Klang Free Zone (PKFZ) will not be able to finance its RM4.6 billion soft loan from the Finance Ministry, which it must begin servicing from this year.
It is likely that without federal government intervention, the controversy-ridden mega project operated by the Port Klang Authority (PKA) will become bankrupt, albeit technically, next year.
Full story here: http://www.malaysiakini.com/news/153292
It is likely that without federal government intervention, the controversy-ridden mega project operated by the Port Klang Authority (PKA) will become bankrupt, albeit technically, next year.
Full story here: http://www.malaysiakini.com/news/153292