Monday, May 6, 2024
26 C
Brunei Town

Brunei ready to welcome investment

James Kon

Brunei Darussalam is building a supportive investment climate by focussing on five areas – oil and gas downstream; food; information and communication technology; services; and tourism.

This provides regional investors opportunities to explore partnerships and investments with Bruneian companies.

This was said by Acting Chief Executive Officer of Brunei Economic Development Board (BEDB) and Darussalam Enterprise (DARe) Daniel Leong at Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) B2B bilateral forum on Friday.

He said the food sector is a good example for collaboration with many opportunities such as high-value aquaculture and high-tech agriculture farming as well as value chain activities.

Leong said the Ministry of Finance and Economy (MoFE), BEDB, Muara Port Company and stakeholders, guided by Brunei Darussalam Maritime Industry Roadmap, are engaged in initiatives to improve connectivity and facilitate the flow of goods and services within the region for a BIMP EAGA Transshipment Hub.

He said Muara Port is strategically located in ASEAN and improving connectivity with China and beyond offers the opportunity to develop it into a major hub, serving Borneo Island and the rest of the region.

BIMP-EAGA Business Council (BEBC) Brunei Chairman Pengiran Haji Haris bin Pengiran Haji Duraman and BEBC Brunei Country Director Haji Alimen bin Haji Jaafar were also present at the forum.

Group photo at the event. PHOTO: JAMES KON
spot_img

Latest

spot_img