PKFZ Records 8 Pct Overall Revenue Growth As Of October

KLANG, Nov 28 (Bernama) -- Port Klang Free Zone (PKFZ) recorded an overall revenue increase of eight per cent as of October this year compared to a year ago, reflecting more robust business activity and stronger operational performance.

Its chairman, Lim Lip Eng, said the growth was driven, among other factors, by higher revenue from light industrial units (LIU), which rose by 17 per cent following adjustments to a more competitive rental rate structure.

"It strengthens the portfolio's resilience and enhances PKFZ's attractiveness to small and medium enterprises (SMEs) and new investors," he said at the PKFZ Gala Dinner and Awards Night and PKFZ's 20th Anniversary Celebration held here today.

Also present were the chairman of Port Klang Authority (PKA) Ean Yong Hian Wah and PKFZ chief executive officer Priscilla Lim.

Commenting further, Lim said that through disciplined financial management and careful process control, PKFZ also managed to reduce operating costs by 13 per cent, excluding special project expenses.

"PKFZ remains committed to upgrading old infrastructure through specific development allocations," he said.

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He noted that through transparent governance, strict evaluation processes and prudent vendor selection, PKFZ achieved a 17 per cent saving in tender costs without compromising work quality.

Lim also said that with the activation of the PKFZ commercial zone — which was underutilised for nearly two decades — the area has now recorded a 19-fold increase in revenue since it began operating in the fourth quarter of 2025.

He added that commercial zone occupancy is expected to reach 70 per cent by 2026, driven by multi-storey parking and automotive exhibition hall facilities, as well as the restructuring of the PKFZ Hotel into a regional office hub for major tenants.

“By 2025, PKFZ will be more firmly established than ever before. This achievement demonstrates our commitment to operational excellence, integrity in governance, and strategic growth.

"Looking ahead, we are even more determined to develop PKFZ as a world-class logistics hub and a smart free zone ecosystem that delivers the best value to Malaysia," he said.

Meanwhile, Priscilla noted that PKFZ recorded an increase of approximately RM100 million in overall revenue over the past year.

A document exchange ceremony was also held between PKFZ and Q Centre Management Sdn Bhd to strengthen the workforce and community ecosystem within PKFZ and Pulau Indah through the development and modification of the Centralised Workers' Quarters (CLQ), scheduled for completion in the first quarter of 2026.

The ceremony was officiated by Priscilla and Q Centre Group joint managing director Datuk Joey Yan, and witnessed by Lim and Q Centre Group joint managing director Datuk Simon David Leong.

"With a capacity of up to 8,000 foreign workers, it will be the largest foreign worker dormitory facility on Pulau Indah," Priscilla added.

-- BERNAMA