Phase 2 of the Hengyi’s petrochemical project will open opportunities for collaborative and strategic partnerships in fostering local business development, according to a statement from Darussalam Enterprise (DARe).
Businesses will benefit from effective transfer of knowledge in technology, system capability, managerial and technical skills that can be intergated into the local market, said DARe.
According to the statement, during construction, several business opportunities are identified under the implementation agreement such as land surveying, site clearance, waste management, environmental health services, marine geotechnical investigation, qualified personnel services, catering and canteen services, cleaning services, security services, medical services and corporate services.
The Phase 2 project leverages on the local business development directives to help fulfil the growth of local businesses and demonstrates Hengyi’s commitment to build sustainable relationships with local businesses and service providers, said DARe.
When Hengyi transitions into Phase 2 of its operations, local businesses will have the opportunity to provide services in accordance with the local business development directives for Oil and Gas Industry including land and marine transportation, material handling, maintenance of onshore facilities, after-sale maintenance services for equipment, inspection, construction services including civil works, waste management and corporate services.
By committing towards a collaborative ecosystem, Phase 2 is expected to be a catalyst for driving economic growth, creating job opportunities and empowering local businesses.
The implementation agreement for the project was signed earlier this year between the Petroleum Authority of Brunei Darussalam, the Brunei Economic Development Board and Hengyi Industries Sdn Bhd.
The project at Pulau Muara Besar will see development of more processing facilities for refined petroelum products as well as three new jetties.
