Tanjung Piai Maritime Industrial Park is a man-made island measuring 3,485 acres to be reclaimed off the south-western coast of Johor, known as Tanjung Piai. Featuring natural deepwater of up to 30 meters, Tanjung Piai Maritime Industrial Park is able to handle the largest ships and vessels in the world, including Very Large Crude Carriers (VLCCs), Ultra Large Crude Carriers (ULCCs), and Valemax Bulk Carriers.
Strategically located at the confluence of Malacca Straits, Singapore Straits and Johor Straits, Tanjung Piai Maritime Industrial Park is only 17km away from Jurong Island, one of the most important refining and petrochemical hubs in the world.
With more than 7km of seafront land stretching along the coastline and the abundant land available for future expansion, Tanjung Piai Maritime Industrial Park is the capable of accommodating all major oil and gas developments, from upstream, midstream to downstream.
Located within Platts FOB Straits and surrounded by many established oil and gas, port and logistics developments such as the Jurong Island, Tuas-Jurong Industrial Estate, Port of Tanjung Pelepas, Johor Port and Tanjung Langsat Port, Tanjung Piai Maritime Industrial Park is well-placed to capture value added activities arising along the Straits of Malacca, one of the busiest shipping lanes in the world.
Various special tax and non-tax incentives have been introduced by the Malaysian government to support the participation of private operators in the development of the oil and gas industry, including but not limited to income tax exemptions, investment tax allowances and the Global Incentive For Trading (GIFT) programme.
With natural deepwater between 24 to 30 meters which can be easily achieved with minimal capital and maintenance dredging and a short jetty trestle, this translates into significant cost savings for potential topside developers. Tanjung Piai Maritime Industrial Park is also a naturally sheltered harbor with ample anchorage area for up to 1,000 vessels.
Tanjung Piai Maritime Industrial Park falls within Flagship Zone C of Iskandar Malaysia, also known as the Western Gate Development. Iskandar Malaysia was initiated in 2010 by the Malaysian Government as one of the platforms to feature the country’s Economic Transformation Programme (ETP), promoting nine economic clusters which have been identified as key economic thrusts for the Iskandar Malaysia Comprehensive Development Plan 2010-2025.