ID :
40235
Mon, 01/12/2009 - 17:59
Auther :

NETHERLANDS AMBASSADOR IMPRESSED WITH STATE`S POIC DEVELOPMENT

LAHAD DATU (Malaysia), Jan 12 (Bernama) -- Netherlands ambassador to
Malaysia Lody Embrechts is impressed with the Palm Oil Industrial Cluster (POIC)
management in providing good facilities for local and foreign investors.

He said POIC Sdn Bhd, a Sabah state government-owned company that manages
POIC, a gateway to palm oil investment opportunities, has put in place all the
necessary facilities needed by investors.

"The infrastructure and technology and the way it has been set up are
fantastic. All the investors have to do is to come and build their own place.
All the facilities are here," he told reporters after visiting the POIC
industrial site with five senior officials from the Port of Rotterdam in this
town in East Malaysia state of Sabah.

"It's clean and very environmentally friendly. It is done with future in
mind," he said.

Embrechts said his visit to Sabah and POIC was part of his country's efforts
and commitment to expand its business links in this region, especially in
Malaysia.

He said through Malaysia, the Netherlands could further expand businesses
into the Brunei-Indonesia-Malaysia-Philippines East Growth Area (BIMP-EAGA)
which has a population of about 50 million.

During the four-day visit, Embrechts and his delegations also held
discussions with business leaders in the transportation, shipping, palm oil and
biodiesel sectors as well as government officials, including State Industrial
Development Minister Ewon Ebin.

The discussions followed the signing of a memorandum of understanding (MoU)
on October 15 last year between Port of Rotterdam and POIC Sdn Bhd to develop
Lahad Datu into a regional hub port.

On the aspiration for Lahad Datu to become "Rotterdam of the East",
Embrechts said the potential was there with the environmentally friendly port
facilities available at POIC Port.

"POIC Port is clean, built to be very environmentally friendly. That is
really important to us because the Port of Rotterdam can't risk its reputation
by stepping into a venture that is environmentally unfriendly," he said.

POIC Port, built at a cost about RM94 million (US$, is equipped with a
500-metre oil jetty pipe into the sea and can accommodate vessels of 100,000
deadweight tonne (DWT).
-- BERNAMA

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