The signing ceremony of land lease agreement between Johor Port Authority (JPA) with Marina Island Venture Capital (IVC) Sdn. Bhd was held on 16 January 2017 at the JPA Headquarters in Pasir Gudang, Johor.
IVC Sdn. Bhd has agreed to lease JPA’s land for 30 years starting from 16 January 2017. The leased land is intended for the development of facilities to support the handling of rapidly expanding number of passengers in Tanjung Belungkor Ferry Terminal (TFTB).