Business opportunities Brunei 2012.BEDB

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BUSINESS OPPORTUNITIES IN BRUNEI DARUSSALAM December 2012


Brunei – “Abode of Peace”

Land Size : 5,765 sq km Population : 393,162 (2011p) Religion: Muslim Majority

Currency : Brunei Dollar (on par & interchangeable with Singapore Dollar)

Language : Malay, English, Chinese

Legal System : British Common Law

Top 10 in Asia & Oceania Human Development Index (United Nations 2011)


Economic Overview

GDP (2011p) : U$16.6 billion GDP per capita (2011) : U$42,211 GDP composition (2011) • Oil & Gas : 67.7% • Government services : 11.7% • Private : 20.6% Inflation (2011) : 2.0% No Government Debt #5 Richest Nation in the World (Forbes 2012) *Exchange Rate USD1=BND1.24


Oil & Gas Accomplishments 3rd Largest Oil Exporter in South East Asia 4th Largest Liquefied Natural Gas Exporter in the World 1920s

1929 Oil discovery at Seria by Shell

1930s

1932 Brunei’s first exports

1940s 1950s 1960s

1963 First offshore oilfield discovered 1971 Mitsubishi Corp. commence operations

1970s

1980s 1990s

1972 BLNG commence LNG Production 1982 Seria Crude Oil Refinery started operations 1986 TOTAL commence operations 2001 Formation of Brunei National Petroleum Company 2002 Award of Block J & K (now renamed CA1 & CA2)

2000s

2006 Award of Block L & M 2010 Methanol plant commence production


Successful Oil & Gas Sector With our strengths well displayed in the Oil & Gas sector, Brunei is more than ready to look at viable ways to diversify our economy. Total Exports : BND 15.6 Billion - 95.6% from Oil & Gas (JPKE 2011) Crude Oil 50.8%

Others 2.9%

Methanol 1.5%

LNG 44.8% * Others include Manufactured articles, Machinery and Transport Equipments


Vision for the Future

WAWASAN 2035 “To be one of the Top 10 nations in the world recognized for its Quality of Life and Dynamic and Sustainable Economy�

#1 in the World

Macroeconomic Environment

(GCR, World Economic Forum, 2011-12)


High Quality of Life Under Wawasan 2035, Brunei aims to be one of the Top 10 nations in the world recognised for its Quality of Life.

Politically and Economically Stable No History of Natural Disasters No History of Terrorism related incidents #7 in Asia for ‘Best Living Standards’ (Mercer Report 2011) #16 in the world for High Pay and Productivity (GCR 2011-12)


Extraordinary Biodiversity Borneo is home to 6% of world’s total biodiversity.

Brunei has preserved 58% of its total land area as part of the ‘Heart of Borneo’ conservation initiative. Environmental Performance Index (EPI 2012)  #2 in South East Asia  #4 in Asia-Pacific  #1 in the world for ‘Quality of Clean Air’  #2 in the world for ‘Quality of Water Resources’


Capable Workforce Brunei has a young, multilingual and highly educated workforce. Highly Educated, Skilled & Affordable Workforce Over 50% of the population are15-64 years old.

Median Age Group: 27 years old Literacy Rate: 96.4% Quality of Education (GCR, World Economic Forum, 2011-12)  # 3 in ASEAN  #4 in the Organisation of Islamic Cooperation countries (OIC) Multilingual Speaking Population • English, Malay, Chinese Dialects and Indian Dialects. Flexible Employment & Immigration Policies #4 in the world for ‘Employing Talent’ (World Bank, Doing Business 2010) No Active Trade Unions No history of labour unrest.


Institutes of Higher Learning UNIVERSITY BRUNEI DARUSSALAM (UBD) Business, Science, Health Sciences and Arts • Undergraduate and postgraduate degrees: Business, Science, Health Sciences & Arts • Postgraduate degrees: Education, Science, Brunei Studies, Health Sciences, Arts and Business, Economics & Policy Studies

INSTITUTE TECHNOLOGY BRUNEI (ITB) Technical and Commercial Education. • Undergraduate degrees, higher national diplomas and higher diplomas in Engineering. • Undergraduate degrees and higher national diplomas in Business & Computing UNIVERSITY ISLAM SULTAN SHARIF ALI (UNISSA) Islamic Studies • Undergraduate and postgraduate degrees in Arabic Language & Islamic Civilisation, Usuluddin, Syariah & Law, Business & Management Sciences. SERI BEGAWAN RELIGIOUS TEACHERS UNIVERSITY COLLEGE (KUPU-SB) Religious Teaching and Education • Undergraduate degrees, higher national diplomas and higher diplomas in Usuluddin & Syariah.


Innovative Islamic Initiatives Brunei’s credibility guarantees the highest Islamic standard and quality in Halal certification

#1 in the world to issue guidelines on the production of ‘Halal Pharmaceuticals’ in 2010. Brunei is currently drafting similar guidelines for the production of ‘Halal Cosmetics’.


Digital Literacy ICT Savvy People.

More than 70% of population is online #1 Facebook penetration rate in Asia

437,900

mobile subscribers (111% mobile penetration)


International Network Connectivity 80% of Brunei’s internet capacity is under-utilised.

Brunei is currently connected to TWO major submarine cables:  Asia-America Gateway (AAG)  Southeast Asia- Middle East- Western Europe Cable (SEA-ME-WE)  A third cable, the ‘South-East Asia-Japan Cable’ (SJC) will be ready by 2013.


Strategic Location Brunei is a member of Association of South East Asian (ASEAN) countries. ASEAN’s market size is 1.2 times larger than the European Union (EU). ASEAN Market 2000km

1000km 500km

Population: 597,254,076 GDP: US$1.800 trillion Land area: 4,435,830km2


Access to Key Markets ASEAN Economic Community will be established by 2015, envisages a simple market and production base in a highly competitive region integrated within the global community Population (million) 2011

GDP (trillion) 2011

ASEAN Economic Community

597

2.14

ASEAN-NZ

602

2.28

ASEAN-AUS-NZ ASEAN-CHINA

623 1941

3.2 9.44

ASEAN-KOREA

647

3.25

ASEAN-JAPAN

725

8.12

ASEAN-INDIA Trans-Pacific Strategic Economic Partnership ASEAN-Regional Comprehensive Economic Partnership

1838

3.99

479

17.41

3387

19.78

Brunei’s strategic agreements with key international partners means greater access to significant markets.


International Tax & Trade Agreements Europe Belgo-Luxembourg Economic Union ^ Finland ^ France ^ Germany # ^ Russian Federation ^ UK* Ukraine #

Others Trans-Pacific Strategic Economic Partnership : Australia, Chile, NZ, Peru, Singapore, US, Vietnam @

* Double Taxation Agreements # Bilateral Investment Treaties @ Free Trade Agreements ^ Ongoing negotiations

Middle East Bahrain* # Iran ^ Kuwait *# Oman * # Qatar * UAE ^

Asia ASEAN #@ ASEAN-China@ ASEAN-India@ ASEAN-Japan@ ASEAN-Korea@ China*# Hong Kong* India # Indonesia* Japan*@ S. Korea # Laos* Malaysia* Pakistan* Philippines ^ Singapore* Tajikistan* Thailand ^ Vietnam* Australasia ASEANAustralia-NZ@

Regional Comprehensive Economic Partnership ASEAN-China-Japan-S. Korea-India-NZ-Australia ^


Financial Partnership Credible financial support and partnership through means of co-investment from both government and private investors.

Potential partners include the Ministry of Finance and Brunei Government’s private equity funds: Strategic Development Capital Fund, AureosBICB and Soft Bank Investments Brunei (SBI).

‘Build & Lease’ business models can also be considered for strategic projects.


Research & Training Grants Ranked amongst ‘Most Improved’ countries in Innovation Performance (Global Innovation Index 2012).

Brunei Research Incentive Scheme (BRISc)  Cost-sharing grant created to address funding needs of private sector R&D, for both local and foreign companies.  Government will cost share between 80% - 50% of R&D activities costs, at a maximum of B$5million per application. Companies are encouraged to collaborate with either the Institutes of Higher Learning or Government Agencies to carry out their R&D.

Training Grants Grants are available for investors to improve local manpower’s competency and skill sets .


Tax Incentives

Tax Exemptions in Brunei No Personal Income Tax No Sales Tax No Payroll Tax No Capital Gains Tax No Export Tax No Manufacturing Tax

Corporate Income Tax in Brunei : 20% Pioneer Status: Companies can apply to be exempted from Corporate Income Tax, Import Duties on Raw Materials and Machinery for up to 8 years.

Foreign Loans For Productive Equipment Exemption of approved foreign loan interest from paying withholding tax


Competitively Priced Utilities

Commercial Electricity Charges *Energy charge :

USD0.06-0.20 per kWh

*Currently under review Source of Electricity 99% natural gas 1 % diesel

Main Voltage 66kV, 11kV, 0.415kV

Diesel Cost Subsidised Rate :

USD0.25 per litre*

Commercial Rate :

USD0.75 per litre*

Category

Monthly Rate (per m3)

Light Industry (Potable)

USD0.53

*Exchange Rate USD1=BND1.24


Connectivity Air 2-3 hour flight to most South East Asia countries. Daily Flights: Bangkok, Dubai, Hong Kong, Kota Kinabalu, Kuala Lumpur, London, Manila, Melbourne & Singapore Weekly Flights: Jakarta, Jeddah, Shanghai & Surabaya

Land Ranked #7 in terms Road Quality in Asia (GCR, World Economic Forum, 2011-12)

Sea 56% of the Port’s capacity is under-utilised.


The BEDB

REPORTING LINE Established by His Majesty, The Sultan in 2001 Vision A leading Economic Development Agency recognised for its Professionalism, Progressive and Result Driven Culture. Mission To grow and diversify Brunei Darussalam’s economy by attracting investments and strengthening local businesses enabled through research and innovation.


Key Focus Areas ATTRACTING INVESTMENTS Promote Foreign Direct Investments in Export-Oriented Manufacturing and Services as well as Research Collaboration in Brunei.

INCREASING R&D AND INNOVATION Develop a National Innovation System that encourages Knowledge Creation and Commercialisation in Science & Technology and Creative Sectors.

ENHANCING THE VALUE OF INNOVATION Supporting and Promoting Intellectual Property, Strengthening the Tangibility of Creative and Innovative Output.

STRENGTHENING LOCAL BUSINESSES Grow Micro Businesses and Strengthen Local Enterprises towards Internationalisation.

DELIVERING INFRASTRUCTURE PROJECTS Complete Infrastructure Projects On Time, On Budget and To Quality.


Economic Diversification Tapping into our Hinterland

Pharmaceuticals e.g. vaccines

Vitamins & Supplements

Food & Food Ingredients

Cosmetics & Personal Care

Focus on Emerging New Technologies

Energy Adding Value to Brunei’s Resources Petrochemicals

Integrated Petrochemical Refinery

Renewable Energy e.g. solar

Regional Hub for Information & Communication Software Dev / New Media

Data Centre/ Disaster Recovery Centre

Wireless Communication e.g. RFID, GPS

Multimedia & Game Development

Environment

Health Care & Health Sciences

e.g. Apple, Android, Linux

ICT

Financial Services

Food Security

Growing our Supporting Industries Air & Sea Logistics

Aviation Support Services

Oil Field Services


Industrial Sites


Oil & Gas Related Industries PULAU MUARA BESAR (PMB) Total Site Size : 955ha Surbana Consortium was appointed as Master Planner for PMB in Oct 2008 Zhejiang Hengyi (China)  Refinery and StartAromatics Operation: Complex May 2010  US$4bil (Phase 1) / 800 jobs / 260 ha  Target Start Operation : 2015 Infrastructure  Bridge to PMB  Main Road across PMB Island  Target Construction : 2013 Integrated Marine Supply Base

 Centralised facility providing fabrication yard, storage, berthing facilities, etc to cater for the Oil & Gas Upstream development.  Target Request For Proposals: 2013 New Opportunities:  Oil and Gas Based Petrochemicals  Metal Smelting *24 km to Brunei International Airport


Petrochemical Industries SUNGAI LIANG INDUSTRIAL PARK (SPARK)

Methanol Export Facility

Total Site Size : 271ha

Brunei Methanol Company (BMC)

BMC

(24 ha)

PROPOSED PETROCHEMICAL PROJECT (90 ha)

*FIRST DOWNSTREAM PETROCHEMICAL PLANT IN BRUNEI. US$600mil /181 jobs 850,000 tons per year Methanol Plant  Mitsubishi Gas Chemicals (Japan)  ITOCHU Corporation (Japan)  Petroleum Brunei (Brunei)

Start operations : May 2010 Mitsui Consortium

US$2.8bil / 470 jobs  Integrated Petrochemical Complex including ammonia, urea & derivatives Approved : Aug 2011 *80 km to Brunei International Airport

New Opportunities:  Methanol Derivatives  Gas-Based Petrochemicals  Ammonia-Urea based downstream (e.g. for the fertilisers/plastics/textile industries)


Light Manufacturing Industries

Lambak Kanan Vocational School Youth Development Centre

LAMBAK KANAN EAST (LKE) INDUSTRIAL PARK Total Site Size : 137.2ha  Food & Beverage, Pharmaceuticals and Light Manufacturing Industries

Viva Pharmaceutical (Canada)  Halal Pharmaceuticals and Nutraceuticals Manufacturing  US$18.5mil / 100 jobs / 2ha Potential Investors

 Oil Country Tubular Goods (OCTG)  LED light assembly plant

*11 km to Brunei International Airport


InfoComm & High-Tech Industries

Potential Data Centre/Disaster Recovery Centres (7.2ha)

RIMBA DIGITAL JUNCTION (2.77ha) Proposed MPTC

Total Site Size : 15ha  Information and Communication Technology and other High-Tech Industries CAE Multi-Purpose Training Centre (Canada)

Lot 2 (3.0ha) Proposed National Data Centre

Executive Housing

*11 km to Brunei International Airport

 Multi-Purpose Training Centre  US$102mil / 35 jobs / 2.4ha  Co-investment with Brunei Government National Data Centre  Data Centre for Energy & e-Government  US$80mil / 250 jobs / 5ha


Energy Intensive Industries

Existing Bukit Panggal Power Station Boundary

BUKIT PANGGAL INDUSTRIAL PARK • Total Site Size : 50ha • Energy Intensive Manufacturing activities Potential Investors • Cable Manufacturing • Silica Sand Derivatives

*40 km to Brunei International Airport


Key Focus Areas ATTRACTING INVESTMENTS Promote Foreign Direct Investments in Export-Oriented Manufacturing and Services as well as Research Collaboration in Brunei.

INCREASING R&D AND INNOVATION Develop a National Innovation System that encourages Knowledge Creation and Commercialisation in Science & Technology and Creative Sectors.

ENHANCING THE VALUE OF INNOVATION Supporting and Promoting Intellectual Property, Strengthening the Tangibility of Creative and Innovative Output.

STRENGTHENING LOCAL BUSINESSES Grow Micro Businesses and Strengthen Local Enterprises towards Internationalisation.

DELIVERING INFRASTRUCTURE PROJECTS Complete Infrastructure Projects On Time, On Budget and To Quality.


Knowledge Based Enterprises iCentre Incubates technology based start up companies  Current Incubatees: 11 physical & 3 virtual Activities: Mobile, Web, GPS, RFID, Smart Technology, Apps Development and Multimedia

Knowledge Hub Houses companies involved in R&D activities. Tech One Global (Microsoft/Adobe)

ICT/R&D Software and services company

CRAFT

Multimedia Lab

UBD | IBM

Energy research & Environmental simulation Centre

Ministry of Defence

National Modeling and Simulation Centre

Phase III (Consultancy Stage)

ANGGEREK DESA TECH PARK

 Patent’s Registry Office  R&D  CRAFT (Creative Arts Facilities)


Innovative Start Up Enterprises Companies

Products

Ambuyart Animations Company Bru Innovedu Services

Ambuyart Story/ Animation

BruGPS Technologies Sdn Bhd

Vehicle/ Container GPS Tracking System

Crescent Sdn Bhd

Online Program for Islamic Banking and Finance

Cubebox Solutions

BruStores

Infindo Technologies John Harith Technology

iPhone/Android Applications Radio Frequency Identification System

Mars Enterprise

Human Resource and Payroll System

MeSixty Sdn Bhd Modasys Technologies PHMD Publishing

SMS Gateway/ Chatworthy Cooltones/ AskRobin.com Entrepreneurship Application

Rumbian Nation

Online website development

SocialBuzz Advertising Sdn Bhd Silverwings

Socialdeal.com

Online financial game

Social Media Merger


Financial Schemes for Innovative Start Ups ACCEL-X Venture Capital Fund Accel-X Pte Ltd is a Singapore- based venture capital fund that invests into early stage technology companies in ICT, interactive digital media and engineering. Fund Size B$20 million (Brunei B$5 million/SPRING, Singapore B$15 million) Recipients

Products

 Infindo Technology Top 100 best start-up, PRs Germany Top 20, Apple Apps worldwide

iPhone/Android Applications

 MeSixty Sdn Bhd Top 100 Asia, Red Herring

SMS Gateway Chatworthy

The Future Fund Partnership with AITI and DST to provide seed capital to ICT startups. Funded companies will be:  Incubated at iCentre and will receive mentorship.  Given access to test business ideas in the market by leveraging on DST’s mobile infrastructure. Fund Size B$1.8 Million (ranging B$50K to $150K per applicant)


Financial Schemes for Innovative Start Ups

Local Enterprise Applications and Products (LEAP) Grant Scheme Provides financial assistance to develop prototypes or pilot projects across a broad range of industries that have innovative technological content, commercial viability and export potential. Fund Size

Recipients to date

B$5 Million over 4 years

14

SMEs

Product

Status

Batik Desamas Company

Digital printing on woven material.

Signed MOU with a Korean business partner. Supported by MOFAT under ASEAN Trading Partnership to supply Batik to Korea.

BruGPS

Vehicle tracking

MeSixty Sdn Bhd

Geo-tagged travel guide for social networks.

MeSixty developed Brunei Tourism’s first official iPad app as a travel guide

M&G Sustainable Aquaculture

Self-operating aquaculture system with remote accessibility.

Project endorsed by MIPR and has received interest from Malaysia and Singapore as distributors.


Multimedia

Creative Arts Facilities (CRAFT) BEDB is starting to develop the multimedia industry, in particular, animation and apps development. CRAFT focuses on 2 key areas: 1. Physical Lab:  Providing hardware, software and rendering facilities to produce animation, visual effects, etc 2. Capacity Development Programs:  Technical Training  Mentorship  Technology Talks and Seminars  

BEDB to collaborate with Side Effects Asia Pacific (Houdini software) and Autodesk (Maya software). BEDB will be fully operational by November 2012.


Research & Commercialisation

Knowledge and Innovation Five focus areas of research:  Energy  Environment  Food Security  HealthCare / Health Sciences  ICT  Brunei Research Incentives Scheme (BRISc) is a costsharing scheme to support R&D activities conducted in the five focus areas.  Companies will be encouraged to collaborate with Institutes of Higher Learning or Government Agencies, so as to ensure knowledge and technology transfer to Brunei. R&D projects under consideration:  Food, nutraceuticals & pharmaceuticals.  Diagnostic and screening products for cancer & viral diseases.  Water & solar technologies.


Key Focus Areas ATTRACTING INVESTMENTS Promote Foreign Direct Investments in Export-Oriented Manufacturing and Services as well as Research Collaboration in Brunei.

INCREASING R&D AND INNOVATION Develop a National Innovation System that encourages Knowledge Creation and Commercialisation in Science & Technology and Creative Sectors.

ENHANCING THE VALUE OF INNOVATION Supporting and Promoting Intellectual Property, Strengthening the Tangibility of Creative and Innovative Output.

STRENGTHENING LOCAL BUSINESSES Grow Micro Businesses and Strengthen Local Enterprises towards Internationalisation.

DELIVERING INFRASTRUCTURE PROJECTS Complete Infrastructure Projects On Time, On Budget and To Quality.


Intellectual Property Rights

PATENTS Legislation

 Patents Order, 2011.  Patent Rules, 2012.

Membership to  Patent Cooperation International Treaty (PCT) for the Conventions International Filing of and Treaties Patents.  Budapest Treaty on the International Recognition of the Deposit of Microorganisms for the Purposes of Patent Procedure.  ASEAN Patent Search & Examination Cooperation (ASPEC).

INDUSTRIAL DESIGNS

TRADEMARKS

 Industrial Designs  Trade Marks Act Order, 1999. (Cap 98).  Industrial Designs  Trade Marks Rules, Rules, 2000. 2000.  Paris Convention for  The Madrid Protocol the Protection of for the International Industrial Property Filing of Trademarks  The Hague System (the Madrid System) for the International by 2013. Registration of Industrial Designs by 2013.

PLANT VARIETY PROTECTION (PVP)  Plant Variety Protection Act (at finalisation stage).  The International Union for the Protection of New Varieties of Plants (UPOV) by 2013.

COPYRIGHT  Copyright Order, 1999.

 Berne Convention for the Protection of Literary and Artistic Works.

* Under AGC


Key Focus Areas ATTRACTING INVESTMENTS Promote Foreign Direct Investments in Export-Oriented Manufacturing and Services as well as Research Collaboration in Brunei.

INCREASING R&D AND INNOVATION Develop a National Innovation System that encourages Knowledge Creation and Commercialisation in Science & Technology and Creative Sectors.

ENHANCING THE VALUE OF INNOVATION Supporting and Promoting Intellectual Property, Strengthening the Tangibility of Creative and Innovative Output.

STRENGTHENING LOCAL BUSINESSES Grow Micro Businesses and Strengthen Local Enterprises towards Internationalisation.

DELIVERING INFRASTRUCTURE PROJECTS Complete Infrastructure Projects On Time, On Budget and To Quality.


Micro-Enterprise Development

Youth Skills Development Programme To encourage and assist youths to either start their own micro businesses or obtain jobs as skilled workers in collaboration with Youth Development Centre and Vocational Schools. Features of Grant  Non-repayable  Applicants can be either individuals or group of 2 people  Grants capped at B$2,000 per applicant  Grants are only for purchase of equipment relevant to the businesses Type of Businesses

69 NEW MICRO BUSINESSES SET UP SINCE 2008

     

Beauty Salon Bakery Catering Services Tailoring & Embroidery Car Washing Services Plant Nursery

   

Air Conditioning Maintenance Services Food Kiosks Weaving Fish Mongering


Micro-Enterprise Development

Village Enterprises To assist in the development of village product to support the ‘One Village, One Product’ initiative under the Ministry of Home Affairs by providing capital assistance in collaboration with respective District Office. Assistance Grant of up to $50,000 per village for purchase of equipment or construction of relevant facilities. Targeted Industries Kg Tg Maya & Kg Bukit Udal, Tutong Kg Ukong, Tutong Kg Bukit, Tutong Kg Senukoh, Temburong

Production of Virgin Coconut Oil Production of traditional handicrafts Production of rice Production of yellow noodles


Internationalisation Support

Promising Local Enterprise Development Scheme (PLEDS) 

To provide assistance to promising local enterprises to enhance their capability and competitiveness To assist the promising local enterprises expand their businesses and venture abroad

Assistance  

Investment Fund of B$15 million over 10 years. Enterprise Technical Assistance Scheme (ETAS) of B$3 million over 2 years to support up to 50% co-sharing in engaging professional consultants, hiring of professional staff and helping companies overcome common market entry cost barriers.

Target Industries Established Companies with readily available Products & Services for exports.


Internationalisation Support Enterprise Technical Assistance Scheme (ETAS) Objective

1. To assist companies to engage professional consultants to help give advice, identify, offer solutions and provide the support for changes in areas that require improvement in order to enhance their competency to an international level. 2. To assist companies in hiring of professional staff to strengthen their competency. 3. To help companies overcome common market entry cost barriers. Funding Mechanism  

ETAS will be offered on a cost-sharing principle; where up to 50% of the approved project cost will be funded by the government. The grant will be capped at B$300,000 per recipient company.

Target Market Local companies with potential to expand and/or export overseas.


Key Focus Areas ATTRACTING INVESTMENTS Promote Foreign Direct Investments in Export-Oriented Manufacturing and Services as well as Research Collaboration in Brunei.

INCREASING R&D AND INNOVATION Develop a National Innovation System that encourages Knowledge Creation and Commercialisation in Science & Technology and Creative Sectors.

ENHANCING THE VALUE OF INNOVATION Supporting and Promoting Intellectual Property, Strengthening the Tangibility of Creative and Innovative Output.

STRENGTHENING LOCAL BUSINESSES Grow Micro Businesses and Strengthen Local Enterprises towards Internationalisation.

DELIVERING INFRASTRUCTURE PROJECTS Complete Infrastructure Projects On Time, On Budget and To Quality.


Infrastructure Implementation Modernisation of Brunei International Airport Terminal Status : On-going construction Timeline 2010

Concept Design and Project Management by Changi Airport Consultant/AECOM (Singapore)

2011

Construction by Trans Resources Corporation Sdn Bhd/Swee Sdn Bhd JV (Malaysia/Brunei)

2014

Completion

18.6 Km Dual Carriageway Lumut-Telisai Highway Status : On-going construction Timeline 2010

Construction by CCCC Third Harbour Engineering/Surati Construction (China/Brunei)

2013

Completion


Modern Waste Management

Rehabilitating Existing Dump Site (Sg Akar) Status : Final closure is on-going by Jurusy Perunding (Brunei) Timeline 2009

Commencement of rehabilitation and operations

2010

Completion of rehabilitation and on-going operations

2011

Completion of operations

2012

Completion of final closure works

Modern Engineered Landfill (Sg Paku) & Transfer Station Status : On-going construction and partial operations Timeline 2010

Commencement of design by ST Marine (Singapore) / QAF (Brunei)

2011

Commencement of construction and Partial Operations

2012

Completion of construction and commencement of full operations

2015

Completion of operations contract


Infrastructure Implementation 2,000 Houses (Panaga) STATUS : Completed Timeline

2009

Construction by Bina Puri (Malaysia)

2011

Handed Over to House Owners

1,500 Houses (Bukit Beruang) STATUS : On-going construction Timeline 2010

Construction by Tee International (Singapore)

2013

Completion

4,000 Houses (Mengkubau) STATUS : On-going construction

Timeline 2010

Construction by UEM Builders (Malaysia) Consultancy by Surbana (Singapore)

2014

Completion


THANK YOU THE BRUNEI ECONOMIC DEVELOPMENT BOARD Block 2K, Bangunan Kerajaan, Jalan Ong Sum Ping Bandar Seri Begawan BA1311, Brunei Darussalam Tel: +673-223 0111 Fax: +673-223 0082 www.bedb.com.bn


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