Saturday is always hectic what with errands and everything else. Traffic, traffic everywhere and no parking spot was vacant, atleast the sun was glorious.
The privatisation of the Muara Container Terminal will come to an end in April 2007 after only operating for 6 plus years of the 25 years contract. Pioneered with an objective for a global player to market Muara globally and to give Muara a competitive edge in the BIMP-EAGA trade. Time was a factor, market fluctuates, the project was initiated when the market was conceivable and during the pre-Asian economic crisis. The MCT contract takes up the chunk of the container operation only. Before the privatisation project, Brunei Govt. under the Ports Dept. run Muara Port fully 100 percent including the container operation. Why can’t we run it now?
Photo taken 3 weeks ago with the largest ever cruise liner calling to Muara.