The acceleration to digitalise rings across the nation, as the pandemic has shown how critical technology can be when it comes to business operation. In efforts to advance its own technology system, Westport Malaysia has recently awarded ACE Market listed Privasia Technology a massive IT contract worth RM46million.
Accordingly, the the job includes a 1 year contract for IT network, security and internet outsourcing and managed services worth RM6,362,747.76 and another 5 year contract worth RM40,127, 538 for IT outsourcing and managed services. Privasia Technology is primarily involved in ICT services and business process outsourcing, the company serves multiple industries with its products including logistics, education, finance, manufacturing, and FMCG. One of its product the e-procurement solution, has been used by Malaysia Airports, Indah Water Konsortium, SME Bank and even Westport Malaysia.
Details of the contact shows that under the RM6 million contract, the company will be responsible for the purchase of new equipment necessary to provide the service and as for the RM40 million contract the option to purchase, lease or hire purchase is made available. It will also have to manage accordingly on the needs and demands of the port, whether to increase or decrease the amount of the services according.
As for software licenses, both parties are to work out on obtaining all necessary authorisations and consents from third-party licensors for the company’s licensed software in order to implement the job.
Westport operates one of the busiest terminals in Central Malaysia, its location in Port Klang makes it an ideal port for industries in the State of Selangor. It is one of the three main ports in the Straits of Malacca that handles gateway and transhipment container cargo, all of which are located in close proximity to the main shipping route along the Straits of Malacca. These ports have the advantage of natural deep water berths which allow them to accommodate large vessels.
Its container business has grown exponentially from 20,000 Twenty-foot Equivalent Units (“TEUs”) in 1996 to 10.85 million TEUs in 2019 and represent a market share of 80% in Port Klang. In 2020, the company recorded container volume of 10.5 million TEUs marking us the first and only terminal in Malaysia has handled above 10 million TEUs in a calendar year.
