Lumut Maritime City to be positioned as global industrial hub
This commitment was underscored during the recent LuMIC Development Sdn Bhd (LuMIC DevCo) board meeting in Antwerp, Belgium, where PKNPk and PoABI — the project's joint shareholders — reviewed progress and outlined the next phase of development.
PoABI continues to serve as PKNPk's principal international partner, leveraging its global expertise in maritime infrastructure, industrial planning, and smart logistics to guide LuMIC's strategic roadmap.
"PoABI has been instrumental in shaping the foundation of LuMIC's long-term vision and master plan," said Datuk Redza Rafiq, chief executive of PKNPk.
"Our collaboration reflects a shared vision for creating a future-forward maritime gateway that brings real socio-economic impact to the people of Perak while positioning Malaysia on the international trade map."
Since formalising their partnership in 2023 through the establishment of LuMIC Development Sdn Bhd, PKNPk and PoABI have completed LuMIC's comprehensive master plan, driven knowledge transfer initiatives, and engaged with global maritime players to attract investment. This foundation positions LuMIC to grow into a premier deep-sea industrial city that is sustainable, resilient, and competitive, fully aligned with the EU-ASEAN Global Gateway strategy.
"We remain fully invested in the LuMIC agenda as a shareholder, be it as a technical advisor or also as a long-term strategic collaborator in unlocking LuMIC's full potential," said Philippe Droesbeke, Board member of LuMIC DevCo, representing PoABI.
"Our role is to help translate vision into actionable outcomes from concept to execution, ensuring LuMIC meets global standards while fostering inclusive local growth."
"LuMIC is a once-in-a-generation opportunity to build something transformative," added Alex Staring, Chief Business Development Officer, LuMIC DevCo. "We are proud to work alongside PKNPk and PoABI in co-creating value for the state via a smart, green and scalable maritime city aligned with future trade flows and emerging industrial ecosystems."
Anchored under Perak Sejahtera 2030, the state's long-term development plan, LuMIC serves as a catalyst for Flagship 13: Port and Maritime Hub — an initiative designed to spur investment across related sectors including energy, manufacturing, logistics, and digital infrastructure.
The partnership continues to gain momentum with clear alignment and a shared purpose, with PoABI leading LuMIC's global development strategy.
As part of the Perak Menteri Besar's official working visit to Europe in May 2025, PKNPk and PoABI met with several potential investors keen to explore opportunities within LuMIC. Following these discussions, three interested parties have already conducted initial site visits to evaluate the project's industrial readiness and strategic value. In conjunction with this week's Board meeting in Antwerp, the PKNPk delegation also held follow-up talks with these prospects to move collaboration discussions forward.
These engagements highlight growing international confidence in LuMIC's long-term vision and reinforce PoABI's pivotal role as a bridge connecting European industrial expertise and investment with Malaysia's next-generation maritime development.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Star
4 hours ago
- The Star
Anwar arrives in Rome for a three-day official visit
ROME: Prime Minister Datuk Seri Anwar Ibrahim arrived here Tuesday (July 1) for a three-day working visit to the third-largest economy in the European Union (EU). The aircraft carrying the Prime Minister landed at Leonardo da Vinci Rome Fiumicino Airport at 8.18pm (2.18am Wednesday, July 2, Malaysia time). On hand to welcome Anwar at the airport were Foreign Minister Datuk Seri Mohamad Hasan, Malaysia's Ambassador to Italy Datuk Zahid Rastam, Italian Senior Ambassador for Protocol Affairs Fabrizio Romano and former Italian Ambassador to Malaysia Massimo Rustico. "This visit, which comes at the invitation of my counterpart, Prime Minister Giorgia Meloni, reflects our shared commitment to strengthening the long-standing bilateral relationship between Malaysia and Italy based on the principles and spirit of friendship, trust and mutual respect. "Malaysia sees Italy as an important strategic partner in the European continent and we are committed to expanding cooperation in trade and investment, defence industry and the energy transition sector," said Anwar. He mentioned that this visit would also strengthen the relationship between the Southeast Asian region and Europe. During the visit, Anwar was accompanied by Mohamad, Transport Minister Anthony Loke, Agriculture and Food Security Minister Datuk Seri Mohamad Sabu, Defence Minister Datuk Seri Mohamed Khaled Nordin and Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz. Also part of the delegation was Deputy Energy Transition and Water Transformation Minister Akmal Nasrullah Mohd Nasir. As soon as they arrived in the capital, Anwar and his delegation met with the Malaysian diaspora community. On July 3, the Prime Minister was scheduled to hold a bilateral meeting with his counterpart at Chigi Palace. According to Zahid, the meeting would provide an opportunity for both leaders to assess the current state of Malaysia-Italy relations and explore avenues to further strengthen cooperation. The Prime Minister would also officiate the Malaysia-Italy Economic Partnership Roundtable on Wednesday. During the business engagement event, Anwar was set to meet the captains of Industry from 36 Italian firms. Italy is the third-largest national economy in the EU and the world's eighth-largest by gross domestic product. Anwar was also scheduled to meet leaders of the local Muslim community. In 2024, total trade between Malaysia and Italy recorded a 2% increase, reaching RM14.61bil (USD3.18 bil) compared with 2023. From January to May 2025, total trade grew by 3.3% year-on-year to RM6.5bil (USD1.48bil). Italy remains Malaysia's fifth-largest trading partner and third-largest importer of Malaysian palm oil among European Union member states in 2024. The Prime Minister would undertake an official visit to France on July 3 and 4, 2025, concluding his visit to Italy. – Bernama
The Sun
5 hours ago
- The Sun
PM Anwar arrives in Rome for official visit to strengthen Malaysia-Italy ties
ROME: Prime Minister Datuk Seri Anwar Ibrahim arrived here Tuesday for a three-day working visit to the third-largest economy in the European Union (EU). The aircraft carrying the Prime Minister landed at Leonardo da Vinci Rome Fiumicino Airport at 8.20 pm (2.20 am Wednesday, Malaysia time). On hand to welcome Anwar at the airport were Foreign Minister Datuk Seri Mohamad Hasan, Malaysia's Ambassador to Italy Datuk Zahid Rastam, Italian Senior Ambassador for Protocol Affairs Fabrizio Romano and former Italian Ambassador to Malaysia Massimo Rustico. Anwar said he hoped the visit would strengthen Malaysia-Italy ties and deepen strategic cooperation, as well as to elevate ASEAN-EU engagement in a challenging global landscape. 'This visit, which comes at the invitation of my counterpart, Prime Minister Giorgia Meloni, reflects our shared commitment to strengthening the long-standing bilateral relationship between Malaysia and Italy based on the principles and spirit of friendship, trust and mutual respect. 'Malaysia sees Italy as an important strategic partner in the European continent and we are committed to expanding cooperation in trade and investment, defence industry and the energy transition sector,' said Anwar. Furthermore, as ASEAN Chairman, Anwar said this visit will also enhance the value of the relationship between the Southeast Asian region and Europe in the increasingly challenging geopolitical and geoeconomic landscape. 'I am confident that this visit will open a new chapter that is more dynamic, yielding concrete benefits and taking Malaysia-Italy relations to a new and higher level,' he added. During the visit, Anwar is accompanied by Mohamad, Transport Minister Anthony Loke, Agriculture and Food Security Minister Datuk Seri Mohamad Sabu, Defence Minister Datuk Seri Mohamed Khaled Nordin, and Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz. Also part of the delegation is Deputy Minister of Energy Transition and Water Transformation Akmal Nasrullah Mohd Nasir. Immediately upon arrival at the capital, Anwar and delegation attended a gathering with Malaysian diaspora in the country. On July 3, the Prime Minister is scheduled to hold a bilateral meeting with his counterpart at Chigi Palace. According to Zahid, the meeting will provide an opportunity for both leaders to take stock of the current state of Malaysia-Italy relations and explore avenues to further strengthen cooperation, particularly in the fields of economy, defence technology, and energy. The two leaders will also exchange views on regional and international issues of mutual concern, including the ASEAN-Italy Development Partnership, ASEAN-European Union Dialogue Relations, and the situation in the Middle East. As ASEAN Chair for 2025, Anwar is expected to also highlight Malaysia's priorities and ASEAN's efforts in addressing regional and global challenges. The Prime Minister will also officiate the Malaysia-Italy Economic Partnership Roundtable on Wednesday, which will bring together industry leaders from both countries to explore trade and investment collaboration. During the business engagement event, Anwar is set to meet captains of Industry from 36 Italian firms, including multinational companies such as Leonardo SpA, STMicroelectronics and Ferrero. Italy is the third-largest national economy in the EU and the world's eighth-largest by gross domestic product. He is also scheduled to meet leaders of the local Muslim community. Malaysia and Italy enjoy longstanding and multifaceted relations, underpinned by strong economic ties, growing trade and investment, and people-to-people exchanges.
New Straits Times
5 hours ago
- New Straits Times
PM Anwar arrives in Rome for a three-day official visit
ROME: Prime Minister Datuk Seri Anwar Ibrahim arrived here Tuesday for a three-day working visit to the third-largest economy in the European Union (EU). The aircraft carrying the Prime Minister landed at Leonardo da Vinci Rome Fiumicino Airport at 8.18pm (2.18 am Wednesday, Malaysia time). On hand to welcome Anwar at the airport were Foreign Minister Datuk Seri Mohamad Hasan, Malaysia's Ambassador to Italy Datuk Zahid Rastam, Italian Senior Ambassador for Protocol Affairs Fabrizio Romano and former Italian Ambassador to Malaysia Massimo Rustico. Anwar said he hoped the visit would strengthen Malaysia-Italy ties and deepen strategic cooperation, as well as to elevate ASEAN-EU engagement in a challenging global landscape. "This visit, which comes at the invitation of my counterpart, Prime Minister Giorgia Meloni, reflects our shared commitment to strengthening the long-standing bilateral relationship between Malaysia and Italy based on the principles and spirit of friendship, trust and mutual respect. "Malaysia sees Italy as an important strategic partner in the European continent and we are committed to expanding cooperation in trade and investment, defence industry and the energy transition sector," said Anwar. Furthermore, as ASEAN Chairman, Anwar said this visit will also enhance the value of the relationship between the Southeast Asian region and Europe in the increasingly challenging geopolitical and geoeconomic landscape. "I am confident that this visit will open a new chapter that is more dynamic, yielding concrete benefits and taking Malaysia-Italy relations to a new and higher level," he added. During the visit, Anwar is accompanied by Mohamad, Transport Minister Anthony Loke, Agriculture and Food Security Minister Datuk Seri Mohamad Sabu, Defence Minister Datuk Seri Mohamed Khaled Nordin, and Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz. Also part of the delegation is Deputy Minister of Energy Transition and Water Transformation Akmal Nasrullah Mohd Nasir. Immediately upon arrival at the capital, Anwar and delegation attended a gathering with Malaysian diaspora in the country. On July 3, the Prime Minister is scheduled to hold a bilateral meeting with his counterpart at Chigi Palace. According to Zahid, the meeting will provide an opportunity for both leaders to take stock of the current state of Malaysia-Italy relations and explore avenues to further strengthen cooperation, particularly in the fields of economy, defence technology, and energy. The two leaders will also exchange views on regional and international issues of mutual concern, including the ASEAN-Italy Development Partnership, ASEAN-European Union Dialogue Relations, and the situation in the Middle East. As ASEAN Chair for 2025, Anwar is expected to also highlight Malaysia's priorities and ASEAN's efforts in addressing regional and global challenges. The Prime Minister will also officiate the Malaysia-Italy Economic Partnership Roundtable on Wednesday, which will bring together industry leaders from both countries to explore trade and investment collaboration. During the business engagement event, Anwar is set to meet captains of Industry from 36 Italian firms, including multinational companies such as Leonardo SpA, STMicroelectronics and Ferrero. Italy is the third-largest national economy in the EU and the world's eighth-largest by gross domestic product. He is also scheduled to meet leaders of the local Muslim community. Malaysia and Italy enjoy longstanding and multifaceted relations, underpinned by strong economic ties, growing trade and investment, and people-to-people exchanges. – MORE In 2024, total trade between Malaysia and Italy recorded a two per cent increase, reaching RM14.61 billion (USD3.18 billion) compared with 2023. For the period of January to May 2025, total trade grew by 3.3 per cent year-on-year to RM6.5 billion (USD1.48 billion). Italy remains Malaysia's fifth largest trading partner and third largest importer of Malaysian palm oil among European Union member states in 2024. The Prime Minister will undertake an official visit to France on July 3 and 4, 2025 concluding his visit to Italy. – BERNAMA
