The MoU, in line with the Port Authority’s policy of further internationalisation, involves the development of the port and industrial complex of Lahad Datu, a port city with a population of 200,000 on the north coast of Sabah. The Malaysian government wants to make Lahad Datu a first-class, sustainable ‘green port’, modelled on Rotterdam.
The POIC is a government enterprise, whose shares are owned by the federal state of Sabah. The POIC is a member of the RSPO (Round Table of Sustainable Palm Oil), an organisation that promotes the sustainable production of palm oil and the certification of palm oil products.
The MoU represents the start of a collaboration that – subject to sustainability criteria – should lead to a joint venture between the POIC and the Port of Rotterdam Authority to develop the Lahad Datu port and industrial complex. The total surface area of the complex could eventually exceed 5,500 ha.