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Malaysia, Brunei Looking To Cooperate In Various Sectors

News From : DagangHalal.com (13 Jul 2010)

BANDAR SERI BEGAWAN, July 12 (Bernama) — Malaysia and Brunei are keen to tap joint venture opportunities in the various sectors, especially in Sarawak and Sabah, the Malaysian High Commissioner to Brunei, Datuk Ku Jaafar Shaari said.

He said Brunei has had several discussions with both the states to look into opportunities in the areas of energy, telecommunications and agriculture including a halal hub, where they can jointly venture into.

“We realise that our bilateral relations have been getting stronger and both sides are serious in terms of investments, especially between Brunei and Sarawak and Sabah,” he told Bernama and RTM in conjunction with the two-day working visit of Prime Minister Datuk Seri Najib Tun Razak to this city beginning Monday.

Last year, trade between the two countries amounted to RM1.8 billion worth with Malaysia exporting mostly electronic goods, manufactured items, Proton cars and agriculture produce including vegetables and fruits.

There are also two or three Malaysian companies currently carrying out various construction projects, particularly the national housing project for Brunei, where its government is to build 20,000 units of houses for its people.

UEM Builders was given the contract to build 4,000 units of homes under the project while Bina Puri Holdings Bhd is involved in the construction of 2,000 homes.

He also said that the conferring of the title of Darjah Kerabat Laila Utama Yang Dihormati (D.K) (The Most Esteemed Family Order Laila Utama) on Tuesday on Najib by the Sultan of Brunei, Hassanal Bolkiah, reflected the strong ties shared by the two leaders.

The Brunei honour is bestowed only on royalty or leaders of countries.

— BERNAMA

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