| James Kon |
BRUNEI Darussalam is on track to attain 100 per cent self-sufficiency in livestock feed production by next year following the launch of the first of its kind Gold Coin Feedmill (B) Sdn Bhd yesterday at Serasa Industrial Estate.
The launch was officiated by guest of honour, Pehin Orang Kaya Seri Utama Dato Seri Setia Awang Haji Yahya bin Begawan Mudim Dato Paduka Haji Bakar, Minister of Industry and Primary Resources.
The construction of the feedmill started in 2010 and was made possible after a joint venture between Gold Coin Group – a major feedmill group in the Asia – and three leading farming groups QAF Farms, Hua Ho Agriculture Farm and Soon Lee Holdings, to build the $13.75 million infrastructure.
The environmental-friendly mill was built using the latest technology and started production in December 2013.
Ian Glasson, CEO of Gold Coin Group, highlighted the group’s decision to build a mill in Brunei Darussalam.
“We wanted to be near our customers – Soon Lee, Hua Ho and QAF, and there was sufficient demand for us to build a mill together.
“Previously, we brought in a lot of feed from Labuan, which can be quite expensive. So, it made more sense to build a mill to supply the customers here.”
“Currently, the mill has a capacity of 75,000 metric tonnes and we can cater to nearly 70 per cent of the Brunei’s market demand.
“By next year, we hope to add a second supply line and increase the capacity to 85,000 metric tonnes, which will be sufficient to supply 100 per cent of local demand.”
“Ultimately, we also want to export to Labuan, Kota Kinabalu and Limbang,” he added.
Gold Coin Group of Companies was established in 1953 – with its first feedmill in Singapore – and has since established itself in many parts of Malaysia, Indonesia, China, Sri Lanka, Vietnam and Thailand.
The latest mill is another milestone for the group.
Currently, Gold Coin has 2,400 employees of 16 nationalities working in 22 production facilities in nine countries.
The mill has created employment opportunities for Bruneians – it has 33 local employees – and with the increase of production next year, more look to follow suit.
The company will be training local employees to be competent in feedmill operations and the mill is set to provide nutritional solutions as well as on-site technical support to customers to optimise farm production and performance.
Also present were Dayang Hajah Normah Suria Hayati binti Pehin Jawatan Dalam Seri Maharaja Dato Seri Utama (Dr) Haji Awang Mohd Jamil Al-Sufri, Permanent Secretary at the Ministry of Industry and Primary Resources, deputy permanent secretaries and officers as well as Peter Zuellig, owner of Gold Coin, and directors of Gold Coin, Awang Bohari Dasin, Ong Chek Teng and Lau How Teck.