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Benefits to Investors

Pengerang Petroleum Maritime Industrial Park
 1,760 acres ( 712 hectares)
Located in the east of Southern Johor
 
Phase 1 : 1,243 arces (503 ha)
Phase 2 : 517 acres (209 ha)
 
   
Expected overall completion - 10 years.
 
   
   
Features Pengerang Petroleum & Maritime Industrial Park
Size
1,760 acres ( 712 hectares)
Concept
Peninsular reclamation
Location
A naturally sheltered harbour with ample anchorage area.
 
Strategic locations connect with the Strait of Melaka, one of the busiest shipping routes in the world.
 
Close proximity to Jurong Island Petroleum & Petrochemical Hub, Singapore especially Tanjung Piai Integrated Petroleum & Petrochemical Hub .
 
Strategic locations connect with the Strait of Melaka, one of the busiest shipping routes in the world.
 
Close proximity with PETRONAS RAPID
(Refinery and Petrochemicals Integrated Development).
Natural
15 m - 18 m
Water Depth
Natural water depth suitable for VLCC berth and large vessels.
Accessibility
Close to Major Ports in South East Asia such as Port of Tanjung Pelepas, Johor Port, Tanjung Langsat Port, Jurong Port
and Keppel Port.
 
Within the masterplan of Pengerang Integrated Petroleum
Complex (PIPC)
 
Easy accessibility with existing highways and international airports.
 
New proposed expressway connectivity.
Potential
Benefits
Minimal capital/maintenance dredging cost.
(Low cost on VLCC jetty/ berth construction with jetty length less than 500m)
 
Leveraging on PETRONAS RAPID (Refinery and Petrochemicals Integrated Development) to turn Southern Johor into a refining and petrochemical centre, complementing existing petrochemical complexes in Malaysia's eastern corridors and in Singapore.
 
Approximately 3 km of seafront land along the coastline.
 
* Tax incentives provided by Malaysian Government for investments in the approved industries.
 
* Main tax incentives for eligible companies in Malaysia are : Pioneer Status - Income tax exemption of 70% or 100% on the statutory income for five years OR Investment Tax Allowances - Investment tax allowance of 60% or 100% on the qualifying capital expenditure for five years.
 
* The Global Incentives for Trading (GIFT) scheme for the eligible traders allows a flat corporate tax rate of 3% of chargeable income and 100% exemption on director fees paid to non-Malaysian directors.
 
Long-term leasehold for 99 years land tenure.
 
At the doorstep of Johor dynamic and fast growing economic area with exciting future prospects.
Target
Completion
Expected overall completion - 10 years
   
   
Inherent Natural Strengths
 
A naturally sheltered area to ensure safe haven for ships during the
North East Monsoon Season.
Geographically-protected from natural disasters.
Subsea conducive for land reclamation works.
Strategic locations connect with Straits of Melaka, one of the busiest shipping
routes in the world and close proximity to Jurong Island Singapore.
 
   
 
Navigational Realities
 
The water depth is ideal for ships to call eg VLCCs.
Minimum dredging is required to create approaching channel.
   
Complement Structure Plan
 
New proposed expressway connectivity.
Easy accessibility with existing highways and international airports.
Within the radar and Flagship zones of Iskandar Malaysia.
   
Tax Incentives / Allowances
 
Tax incentives provided by Malaysian Government for approved industrial services.
Main tax incentives for shipbuilding & repairs and fabrications are:
Pioneer Status and Investment Tax Allowances.
 
The Global Incentives for Trading (GIFT) scheme allows a flat corporate tax rate of 3% of chargeable income and 100% exemption on director fees paid to non-Malaysian directors.
 
A Perfect Time to Benefit from Malaysia'  ( Download Pdf )
Petrochemical Infrastructure
 
Strong Government Support
 
 
One-stop-centre services
for customers and investors to liaise with
Government agencies.
At the doorstep of Johor dynamic and fast-growing economic area.
   
 
Vast Land for future expansion
   
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 Disclaimer Note: This layout plan only serves as an indication and is subject to changes from time to time and is provided merely for illustration and/or reference purposes only; and shall not constitute any representation or warranty or guarantee or undertaking whatsoever on the part of Benalec Group of Companies, including as to the accuracy or correctness of any of the information stated herein. Any reliance and/or reference whatsoever on this layout plan shall be at your own risk and/or liability. Benalec Group of Companies does not assume any responsibility and/or liability whatsoever in respect of this layout plan.