Brunei Darussalam Industry

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Chapter | Industry & Agriculture from The Report: Brunei Darussalam 2014

The 2014/15 budget allocated $92.9m, out of a total of $902.4m, for the industry and trade sector under the 10th National Development Plan. Much of the current manufacturing sector is built around downstream energy applications, such as petrochemicals, although the country continues to encourage growth in other light industry and knowledge-based segments, including ICT and niche halal products...

Following its successful chairmanship of ASEAN in 2013, Brunei Darussalam will look to continue its role as a regional leader in areas ranging from defence to commerce. The increased focus on diversification and the growth of several industries bode well for the economy, and the coming years are expected to see Brunei Darussalam further bolster its position within ASEAN and the international economy.

With work set to start on a multi-billion dollar petrochemicals plant, Brunei Darussalam has moved a step closer to achieving its long-held objective of building up its downstream hydrocarbons sector.

Industrial estates are considered an integral part of Brunei Darussalam’s national infrastructure, as much as housing, roads, and utilities. While this has resulted in significant government support over the past two decades, it has also meant that the sector has remained designed largely by government structures, with growth driven by activities...

With ample energy resources, Brunei Darussalam is working to build a stronger industrial base using its access to cheap power and petroleum products. Downstream industries have already seen significant successes, and efforts are also being made in unrelated sectors, including in the agro-industrial sector, and specifically halal products, where the...

What were your main reasons for choosing Brunei Darussalam as a base for your $26m facility?

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