KUALA LUMPUR, Oct 31 (Bernama) -- Malaysia's maritime industry is calling for a stronger financing support from local banks to unlock its investment potential and enable domestic players to expand their operations, particularly in the bunkering sector, said Maritime Network Sdn Bhd chief executive officer Datuk Seri Jeyenderan R.
Stronger Financing Support Key To Growing Malaysia's Bunkering Sector
Maritime Network Sdn Bhd, Jeyenderan R, Shipping,
BE Bernama 
Key takeaways
Malaysia's maritime industry seeks stronger financing support to boost the bunkering sector, as local banks view it as high-risk.
- Local banks are seen as high-risk for financing bunkering operations, deterring investment.
- Investors from Singapore often use Singaporean banks, leading to lost economic benefits.
- Industry players face challenges with unclear customs documentation and procedures.
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- Bernama Stronger Financing Support Key To Growing Malaysia's Bunkering Sector (this story)
