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CONSTRUCTION AND PROPERTY DEVELOPMENT
The establishment of MPC initiated new agship
projects to be continuously developed between
Brunei and China. Formerly known as the Agro-
Technology Park, Brunei’s Bio-Innovation Corridor
was launched as the core special economic zone
to nurture BGEC’s value-added strategy. Through
BGEC, third-party countries can utilise Brunei
Darussalam as a launch pad to access the Chinese
market, positioning Brunei as a gateway in the
region in the pursuit to capitalise the Belt and
Road initiative.
In October 2020, MPC and Brunei Shell Marketing
Sdn Bhd (BSM) introduced bunkering services at
Muara Port. The joint initiative aims to spur more
development and facilitate the refuelling of cargo
ships at Muara Port’s wharf area.
Furthermore, MPC owns the Aggregate Landing
Site (ALS) used for handling aggregates, which
is located adjacent to the container berth, and
there are potential for the proximity areas to be
expanded and developed.
In 2020, the Department of Fisheries at the
Ministry of Primary Resources and Tourism,
granted MPC the concession to build and operate
the Fish Landing Complex (FLC) in Muara. Brunei
has a coastline of 161 kilometres and features an
Exclusive Economic Zone (EEZ) which extends 200
nautical miles outwards into the South China Sea,
which boosts rich shery resources through its
coastal mangrove that provides optimal breeding
grounds for sh.
The Muara International Fish Landing (MIFL), a
new subsidiary company under MPC, commenced
operations in January 2021. MIFL envisages
to transform the sh landing complex into a
modern and ef cient facility that is capable of
accommodating an increase of shery volumes
and shery vessel sizes.