Brunei-China joint venture to develop fishing complex

Fazilah Yassin, Muara Port Compan's CEO. - Borneo Bulletin/ANN

BANDAR SERI BEGAWAN (Xinhua): The Muara Port Company Sdn Bhd (MPC), a joint venture between Brunei and China, signed an agreement with the Brunei government on Tuesday (Dec 22) to develop and operate the country's largest fishing complex.

Founded in February 2017 between China's Guangxi Beibu Gulf International Port Group and Brunei's Darussalam Assets, a government-backed investment agency, the MPC will take over the project to modernise, operate and manage the Muara Fish Landing Complex.