Harun Halim Rasip
Engineering, Accounting, and Development Expertise
About Harun Halim Rasip
Throughout his career, Harun Halim Rasip has provided both management and financial leadership to shipping logistics, manufacturing, and energy delivery companies. He began his career as a dual-interest entrepreneur in Malaysia, where the group of companies owned a six-vessel shipping fleet as well as a manufacturing company and machine shop serving the oil and gas industries. Harun Halim Rasip then expanded his interests and promoted his idea for the Lekir Bulk Terminal and developed the Lumut Maritime Terminal working closely with friends and governmental parties, which became the foundational assets of the infrastructure investment group Integrax Berhad. After serving as chairman of the company for 11 years, he then became its nonexecutive and nondeputy chairman.
Experienced in finance and logistics, Harun Rasip holds a bachelor of commerce in accounting as well as the status of a Chartered Accountant or CPA in USA terminology. He built experience early in his career working for Pricewaterhouse and, since that time, has held high-level positions with such significant companies as Shangri-La Hotels and Landmarks Berhad. He currently serves as president and director of P.T. Tanah Laut Tbk and as chairman and managing director of a holding company that bears his father's name.
Development of the Lumut Maritime Terminal in Malaysia
An accomplished business development director and financial executive, Harun Halim Rasip currently serves as president director of PT Tanah Laut Tbk, a publicly held business listed on the Indonesia Stock Exchange. At Tanah Laut, Harun Halim Rasip directs an enterprise focused on maritime port and terminal development and marine transportation logistics throughout Southeast Asia. Harun Rasip also leads Halim Rasip Holdings, one of the primary promoters of two important port developments in Malaysia, the Lekir Bulk Terminal and the Lumut Maritime Terminal.
Located in the coastal town of Lumut, the Lumut Maritime Terminal (LMT) maintains the facilities to handle dry, liquid, and general cargo and containers. Construction started on this turnkey design-build project, valued at RM 60 million, in 1993 with Harun Rasip at the helm. The venture was one of the first privatization agreements with the relevant state government in its history.
The LMT officially opened in 1995; an inaugural ceremony was held at the time and attended by former prime minster of Malaysia Mahathir bin Mohamad, as well as numerous other dignitaries and more than 12,000 citizens. Since the mid-1990s, the LMT has undergone several improvements and expansions led by Harun Rasip and other developers. Today, the maritime terminal boasts more than 500 meters of straight-line berth and its cargo volumes continue to grow.