A state-backed entity will take control of Brunei’s top container terminal in a week’s time. Muara Container Terminal has been operated by Manila-headquartered International Container Terminal Services, Inc (ICTSI) for the past four years, but under Brunei’s new government direction of promoting state firms to run key infrastructure state-run Darusalam Assets will take over the running of the facility later this month. The port is set to be integrated into a special economic zone.
The port is located at the estuary of the Brunei River, some 15 km from the capital, Bandar Seri Begawan. Prior to ICTSI, PSA International also ran the terminal, whose annual handling capability now stands at around 800,000 teu.