Industrial Development : POIC-POR link-up

Sohar, Oman - Sohar International Port Complex Officials greeting Datuk Musa on his arrival at the complex for a tour of the facilities in Sohar Oman.

POIC has done particularly well. It has successfully attracted investments worth RM1.8 billion from 24 local and foreign investors in the field of bio-diesel, processing of oil palm, fertilizers, energy and logistics. As there is much room for further expansion, the Chief Minister Datuk Musa Aman led a trade and investment mission to the Port of Sohar in Oman and Port of Rotterdam (POR) in Holland in October 2009 to promote Sabah’s palm oil and other palm oil related products. The delegation went to the Sohar Industrial Port and industrial complex located in the Sultanate of Oman to see what the Port of Rotterdam had succeeded to do for the Sohar Industrial Port in a joint-venture between POR and the Omani government that began in 2002. The delegation later went to the Port of Rotterdam, which led to the signing of a Framework of Agreement on a joint -venture between Port of Rotterdam and POIC on 20th October 2009 in Rotterdam. Known as the POR-POIC framework the agreement is aimed at replicating the Sohar model in Lahad Datu to hasten the palm oil-based industrial development within the Lahad Datu palm oil industrial cluster. Under the agreement the Port of Rotterdam (POR) will design, develop and manage the POIC port at Lahad Datu. It will also use its extensive network influence (about 200 countries have business establishments in Rotterdam) to bring in investors to Lahad Datu. The framework agreement is the culmination of more than one year of intensive study and negotiations between POR and POIC.

Rotterdam - 31 October 2009
Chief Minister Datuk Seri Musa Haji Aman together with other members of Sabah's delegation being briefed by Port of Rotterdam
Senior Project Capt Kess Weststrate. Also in the delegation are Minister of Industrial Development cum Chairman of POIC Sabah Sdn
Bhd, Datuk Raymond Tan, Rural Development Minister Datuk Dr Ewon Ebin, President of Federation of Sabah Manufacturers Datuk
Wong Khen Thau and POIC Sabah Chief Executive Officer, Dr Pang Teck Wai and other businessmen and officials.

Muskat, Oman -29/10/2009
Selling palm oil to the Arabs CM with members of the Sabah delegation meeting with Oman Minister of Commerce and Industry, Maqbool Ali Sultan.