November 22, 2024
BANDAR SERI BEGAWAN – Brunei Darussalam marked a significant milestone in its economic diversification and bilateral relations with Singapore through the signing of a Memorandum of Understanding (MoU) to produce, distribute, and market PDS and Pondok Abang products in both countries. This historic collaboration paves the way for Brunei’s first commercial-scale export of processed beef products to Singapore, reinforcing food security and strengthening economic ties.
The MoU was signed between PDS Abattoir Sdn Bhd and Pondok Abang of Singapore, reflecting a strategic partnership to boost trade and economic growth. Signing on behalf of PDS Abattoir Sdn Bhd was Board of Director of PDS Abattoir Asma Naqiyyah binti Haji Abdullah, while founder of Pondok Abang Haji Abdul Rahman bin Yad Ali, represented the Singaporean side. The ceremony was witnessed by Permanent Secretary of the Ministry of Primary Resources and Tourism Hajah Tutiaty binti Haji Abdul Wahab, and Chief Executive Officer of the Singapore Food Agency (SFA) Damian Chan.
Held in conjunction with the 4th Food Supply Working Group Meeting in Singapore, the MoU, according to the Ministry of Primary Resource and Tourism (MPRT) represents a breakthrough in Brunei’s economic journey. It underscores Brunei’s dedication to enhancing its global competitiveness and food security by meeting stringent international quality standards.
The partnership highlights Brunei’s growing role in international food supply chains, with the processed beef exports slated to begin in the first quarter of 2025. The collaboration, made possible through efforts by the MPRT and relevant agencies, not only boosts Brunei’s food security but also reflects the nation’s focus on diversifying its economy.
This landmark agreement also reinforces bilateral ties between Brunei and Singapore, with the two nations working closely to ensure mutual benefits in trade and food security.
PDS Abattoir Sdn Bhd, a subsidiary of Darussalam Assets Sdn Bhd, will spearhead the export initiative. This move aligns with Brunei’s aspirations to grow its export economy and establish a robust presence in international markets.