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Asean-Korea Centre to hold Brunei investment seminar

THE latest information on Brunei’s investment environment and opportunities in the fishing industry will be highlighted at the ‘2013 Investment Seminar on Brunei’ at the Plaza Hotel, Seoul, on January 29.

According to a press release, the investment seminar is held by the Asean-Korea Centre and the Ministry of Industry and Primary Resources of Brunei Darussalam (MIPR).

One-on-one business consultations with MIPR officials will be available to participants of the seminar.

The press release also stated that Brunei aspires to tap into Korea’s advanced fishing technology through inducing investment.

Dato Haji Harun Ismail, Ambassador of Brunei Darussalam to Korea is also scheduled to deliver a speech.

The keynote speech will be presented by Ms Hajah Hasnah binti Ibrahim, the Deputy Permanent Secretary at the Ministry of Industry and Primary Resources, and presentations on ‘Investment Environment and Opportunities in Brunei Darussalam’ and ‘Investment Opportunities in Fisheries Industry in Brunei Darussalam’ will be made by officials from MIPR.

In addition, Jindo Sdn Bhd, a Korean fisheries company based in Brunei, will share its experience and know-how of investing and operating a business in Brunei.

Brunei is known for its abundant marine resources and superior bio-security. Blessed with a mild climate all year round, it is safe from natural calamities such as typhoons or earthquakes. This provides a particularly favourable condition for aquaculture. On the downside, the country lacks fishing technology and skills so marine tech-advanced countries like Korea are much welcomed as potential investors.

Asean-Korea Centre hopes Korea’s advanced technology and Brunei’s gifted natural resources will come together to generate business opportunities that will benefit both countries. In this regard, the Centre plans to actively provide support for the participants of the seminar.

Asean-Korea Centre, established as an intergovernmental organisation in March 2009, is mandated to increase trade volume, accelerate investment flow, invigorate tourism and enrich cultural exchanges between the Asean member states and Korea.

© 2013 Borneo Bulletin Online - The Independent Newspaper in Brunei Darussalam, Sabah and Sarawak

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