Procurement

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Procurement Philosophy

To ensure that procurement of items and contracts (services and work) are conducted in an honest, competitive, fair and transparent manner with the aim of achieving the best value for money for Penang Port.

 

Procurement Policy

  • Minimise Total Cost of Ownership (TCO).
  • Ensure efficient procurement cycle times.
  • Enhance transparency.
  • Enhance organisation capabilities and governance.
  • Improve vendor management