January 11, 2021 — A Chinese state-owned company has signed a deal to redevelop and manage a fisheries port in Brunei.
China’s Guangxi Beibu Gulf International Port Group has signed a deal to expand and run the Muara Fish Landing Complex alongside its partner Brunei’s Darussalam Assets, a government-backed investment agency. The two jointly own the Muara Port Company Sdn Bhd, a joint venture set up in 2017.