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Rotterdam Port Officials Visit Sabah

A Port of Rotterdam (PoR) delegation will visit POIC Sabah Sdn Bhd on March 22, 2007 to explore access of Sabah produce, especially those related to palm oil, to the European market through Rotterdam, Netherlands.

The delegation will include the Ambassador of Holland in Malaysia, His Excellency Lody Embrechts and several members of the Board of Directors of the Port of Rotterdam.

POIC Sabah Sdn Bhd is developing 1,100 acres of land for a palm oil industrial cluster in Lahad Datu (POIC Lahad Datu) , the first of its kind in the world. It has a 15-year master plan that envisages an industrial cluster covering some 5,000 acres.

The meeting is expected to discuss how POIC Lahad Datu can be developed with Rotterdam, the largest port in the world, as the gateway to Europe.

The visit is timely in view of the government's plan to develop Lahad Datu into a hub port for palm oil in view of it being a major palm oil producing area and its proximity to palm oil growing areas in neighbouring Indonesian Kalimantan and coconut plantation (source of lauric oil) from southern Philippines.

The PoR delegation will be in Sabah for a 4-day visit. They arrive on March 20. During their stay, they will be making courtesy calls on Chief Minister Datuk Musa Haji Aman, the Director of Yayasan Sabah Tan Sri Khalil Jamalul, the Minister of Industrial Development Datuk Ewon Ebin, visit the Sabah Economic Development Corporation and host a business seminar.

The seminar will be held on Mar 22 from 2-5pm at the Sutera Pacific Hotel. Participation is free. It is aimed at briefing business groups in Kota Kinabalu about PoR and business opportunities in Netherlands.

Dr Pang Teck Wai, the CEO of POIC Sabah Sdn Bhd, will present a paper at the seminar detailing the plans and progress of the company's development of POIC Lahad Datu.

Ten companies have purchased land at POIC Lahad Datu and are expected to invest over RM1 billion in the next two years. Most of the companies are involved in the production of biodiesel which has a massive market in Europe.

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