Finance Minister, Lim Guan Eng announced recently that first phase of the Swettenham Pier Cruise Terminal expansion will begin on April and will cost an estimated RM 150 million. The first phase of the expansion will include the extension of the pier to 400m and the work is expected to be completed within 36 months.
“With the extension of the pier, we can take in two large cruise ship at any one time. A large cruise ship can take in around 7,000 passengers and 3,000 crew members and the passengers who stopped by Penang spent an average of USD 150 per person,” says Mr Lim.
“The first phase is the most important one as it will bring in big multiplier effect as we can take in around three million tourists per annum,” added Mr Lim.
The overall cost of the overall development is about RM 500 million and the second phase will start later with private funding.
Lim also announced that the tender for the two duty free shop has been awarded and they are now dealing with the Customs for licenses to sell liquor.
Malaysia is currently ranked #3 among Asian countries by number of ship calls last year in Asia;s cruise ship deployment and capacity.