There were 29 results found for Brunei Darussalam and Construction

There were 29 results found.

Overview

Kicking off new infrastructure and transport projects
OBG
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As was the case across most of the region, the Asian financial crisis hit Brunei Darussalam’s construction industry hard towards the end of the 1990s, thinning out the sector as construction companies folded or exited the local market. Since then there has been a resurgence as the government rolled out large health and education initiatives in the 2000s followed by a shift towards public housing…

Analysis

New transport projects are set to boost connectivity
OBG
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Taking advantage of the rewards reaped from a sustained period of high oil prices, Brunei Darussalam has embarked on several large-scale infrastructure projects that are designed to serve as the foundation of a stronger, more diverse economy. Many of the largest investments are in the ground transport system, which will play a crucial role in the industrial and tourism sectors by improving efficiency…

Analysis

An evolving plan to meet demand for public housing
OBG
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The traditional settlement patterns of Brunei Darussalam looked markedly different 60 years ago, when the vast majority of its citizens resided in water villages built on stilts along the banks of the Brunei River, than they do today in modern Bandar Seri Begawan. When cholera and smallpox epidemics swept through the crowded settlement of Kampong Ayer in 1953, the government was prompted to initiate…

Analysis

New initiatives promote environmentally friendly development
OBG
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The commitments Brunei Darussalam has made to safeguard its environment are well documented. These include high-profile efforts like participation in the “Heart of Borneo” campaign to preserve a 22m-ha swath of jungle, as well as a recent pledge to allow no more than 1% of the country’s landmass to be converted to agricultural use. Thanks to the wealth afforded by the commercialisation of its…

Chapter

The Report: Brunei Darussalam 2014: Construction & Real Estate
OBG
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The drive for economic diversification has led to significant expenditure on infrastructure in areas such as industrial parks, irrigation works, telecoms and the national transport network. Public spending dominates the construction sector, and around 80-90% of works are carried out by the state. Increased government expenditure will ensure that public projects continue to drive growth, although the…

Economic News

Brunei Darussalam strengthening infrastructure backbone

Greater investment and an increased pace of new project launches should see Brunei Darussalam’s transport and logistics reinforced over the next few years, building on recent improvements to the Sultanate’s infrastructure.A series of reports earlier this decade identified deficiencies in Brunei’s transport and logistics infrastructure chain, which were seen as holding back economic development…

Country Report

The Report: Brunei Darussalam 2014
OBG
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Commanding the second-highest GDP per capita among all ASEAN member nations at $39,700 in 2013, Brunei Darussalam remains one of the most advanced economies in the South-east Asia region. Historically, the hydrocarbons industry has dominated the Bruneian economy and allowed the country to amass considerable wealth. However, the nation is making an earnest effort to diversify its economy to ensure

Economic News

Brunei Darussalam: Questions on ‘mega-bridges’ financing

As plans for three new ‘mega-bridges’ take shape, the government intends to impose stringent environmental assessments for the vast structures. However, critics say equal emphasis should also be placed on identifying financing options to avoid construction delays.On June 20, the Ministry of Development signed a $138.9m deal with domestic firm Swee Sdn and South Korea’s Daelim Industrial to build…

Analysis

Sustainable developments: A master plan for redevelopment could bring significant changes to
OBG
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Plans unveiled in 2010 aim to transform Brunei Darussalam’s capital, Bandar Seri Begawan (BSB), from a sleepy riverside town to a modern city that serves as a centre for key service industries. Government officials laid the groundwork for the city’s evolution in 2007, when the sultan approved the expansion of the city from 1287 ha to 10,036 ha, incorporating the suburbs of Gadong, Kianggeh,…

Analysis

Land permitting: New policies are easing the process of obtaining a permit
OBG
plus

Land for private construction for residential, commercial or industrial purposes is limited in Brunei Darussalam, creating some constraints for the construction industry. Only about 5% of the Sultanate’s land area is available for private acquisitions, and nearly 75% of this is used for agricultural purposes, according to a 2009 report by the ASEAN Valuers Association. Of the remaining quarter,…

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There were 29 results found for Brunei Darussalam and Construction

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