The huge project in Brunei comes as China vies to fend off US pressure and ramp up exports to Southeast Asia
China is pushing forward with several projects designed to boost its trade ties with Southeast Asia – including a major port upgrade in Brunei – as the region emerges as a pivotal front in the US-China trade war.
Work has already begun on a major expansion of the port in Muara – Brunei’s largest port, which is jointly operated by a state-owned Chinese company – that will see the facility’s capacity more than double to 500,000 20-foot equivalent units (TEU), according to the Brunei Economic Development Board.
The project, which has a total investment of 2 billion yuan (US$278 million), is on track to be completed by the end of 2027, the state-run news agency Xinhua reported over the weekend.
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