"KPM will invest US$10 million on upgrading existing facilities under the second phase of its development plan," company chairman, Rahmat Jamari, said.
The rationale for the investment is basically to sustain existing business with the company's valued customers, Rahmat said.
KPM is spending about $8m to upgrade its information technology systems and to manage and operate an inland port in Phnom Penh, Cambodia.
KPM invested $10m in the 40:60 joint venture with Meng Srieng Express import-export and Transportation of Cambodia.