BANDAR SERI BEGAWAN (Borneo Bulletin/ANN): Four years ago, Muara Port Company Sdn Bhd (MPC) was incorporated as a joint venture company between Darussalam Assets Sdn Bhd and Beibu Gulf Holding (Hong Kong) Co Ltd, intended to be one of the growth engines for the nation’s economy, Minister at the Prime Minister’s Office and Minister of Finance and Economy II Dato Seri Setia Dr Awang Mohd Amin Liew Abdullah said.
“Since then, we have not looked back; and MPC has been able to contribute significantly to Brunei Darussalam’s economic diversification efforts by leveraging on the capabilities and synergies of both shareholders, Darussalam Assets and Beibu Gulf Holding, ” he said in his opening remarks as Chairman of Muara Port, at the pre-commencement of the MPC expansion at Lot 5975, which adjoins the existing Muara Container Terminal, on Monday (July 5)
The minister said, “I’m proud to share that MPC has facilitated container throughout volume of about 440, 000 Twenty-foot Equivalent Units (TEUs) in the past four years, with an annual average of 110, 000 TEUs.
“In capturing this volume, it is only made possible with the technical capabilities and increased efficiencies introduced by the MPC, supported by quality and reliable manpower of 182 people strong.”
“Aside from the ports operations, MPC has diversified its business, expanding its operations to land logistics, storage of specialised goods, and management of the Fish Landing Complex.
“These opportunities undertaken are in line with what we believe that ‘ports play a critical and catalytic role in the growth of other business opportunities, and successful development of our economy’.
“I believe MPC is already aligned with this statement as the company has always envisioned towards becoming a world-class international hub that will facilitate the growth of Brunei Logistics and manufacturing industries.
"Notwithstanding the achievements and the development that has transformed Muara Port to become a reliable, efficient and business centric port, MPC will continuously strive to support the industry’s eco-system and capture opportunities in various other industries.
“These are memorable occasions. Not only because of their economic significance, but also because they mark a new step in the longstanding relationship between Brunei and People’s Republic of China. I congratulate Muara Port Company on this big milestone, ” said the minister.
The event also acknowledged Brunei’s strong longstanding relationship with China, epitomised by MPC.
The diplomatic relations between Brunei and China will reach a 30-year milestone this year, in September. - Borneo Bulletin/Asia News Network
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