The Port Klang Authority (PKA) ad hoc committee has come out with eight recommendations to improve corporate governance of the Port Klang Free Zone (PKFZ) project.
Port Klang Free Zone (PKFZ) is a 1,000-acre (4.0 km2) regional industrial park and integrated free zone and industrial zone providing integrated commercial and industrial zone. It offers facilities for international cargo distribution (export), regional distribution and manufacturing parks for product fabrication. It is located along the Straits of Malacca, Port Klang, Klang, Malaysia.
The PKFZ was previously managed by Jebel Ali Free Zone Authority (JAFZA). However, it was taken over and rebranded by a local company in 2007. The regional industrial park offers various investment incentives to investors to set up business and manufacturing facilities in PKFZ such as tax exemptions on most products and/or services, industrial allowances, 100% foreign equity, 100% repatriation of capital and profits and, incentives for research and development, training and export.
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