BANDAR SERI BEGAWAN

THE government has saved $8.6 million last year after privatising the Muara Container Terminal and corporatizing the Ports Department and Marine Department into the Maritime and Ports Authority last year.

Minister of Communications Yang Berhormat Abdul Mutalib Pehin Orang Kaya Seri Setia Dato Paduka Hj Mohd Yusof said the move also saw a 37 per cent rise in container handling productivity, and a 48 per cent reduction to the whole year turn-around time.

What used to be 60 minutes in 2016 has now been reduced to 30.8 minutes in 2017, said YB Abdul Mutalib hopeful that such improvements can attract more shipping activities to the country.

The move to privatise the Muara Container Terminal had also opened up more jobs for the locals, said the minister, noting that 87 per cent or 141 of the 163 employees at the Muara Port Company Sdn Bhd are locals.

The Bruneian