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    2009 No.1 ISSUE No.2

Trade & Investment

Brunei

Latest News

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position:home > Trade & Investment > Brunei > Latest News
Latest News

GREEN BUSINESS

ALTERNATIVE ENERGY

OPPORTUNITIES IN BRUNEI DARUSSALAM’S ALTERNATIVE ENERGY

Solar glass to supply downstream solar projects
Photovoltaic solar cells/modules for export
Alternative energy power plants running on hydroelectric, solar and clean coal
WHY BRUNEI DARUSSALAM FOR YOUR ALTERNATIVE ENERGY INVESTMENT?

With a long history of oil and gas production, Brunei is now looking to open up new frontiers and develop industries and capabilities in alternative energies. Abundant deposits of silica sand available in Brunei have been conducive to the development of a hub for solar cell and module production. Equally available are coal deposits currently being studied and are expected to open up further opportunities for the development of clean coal projects. As the 4th largest oil producer in ASEAN and the 9th largest exporter of LNG in the world, Brunei is ideally positioned to develop a bio-fuels refining industry in the region.

BRUNEI DARUSSALAM’S COMMITMENT TO ALTERNATIVE ENERGY DEVELOPMENT

The development of the alternative energy industry in Brunei enjoys strong support from His Majesty’s government. A clear manifestation of Brunei’s commitment was revealed in 2009 with the commencement of construction works on what will be South East Asia’s largest photovoltaic solar power plant with a capacity of 1.2MW. The project is being spearheaded by the Mitsubishi Corporation, Japan, in close cooperation with the relevant government agencies and is expected to upgrade HR capabilities and develop local knowledge and expertise in photovoltaic technology; including a wide-range of training programmes and technology transfer.

AQUACULTURE & FISHERIES

OPPORTUNITIES IN BRUNEI DARUSSALAM’S AQUACULTURE & FISHERIES

Fish / Prawn farming and grow-out
Offshore fish cage culture
Nursery
Broodstock
Processing
WHY BRUNEI DARUSSALAM FOR YOUR AQUACULTURE INVESTMENT?

Brunei provides an ideal environment for the aquaculture industry as it uses environmentally friendly practices and has clean, unpolluted waters relatively free from fish pathogens. Brunei has a water area of 38,600 square kilometres and a coastline of 160 kilometres. Although it is the smallest country in the region, Brunei has one of the highest per capita fish consumptions at around 45 kilograms per year (Department of Fisheries).

BRUNEI DARUSSALAM’S COMMITMENT TO AQUACULTURE DEVELOPMENT

Brunei recognises the importance of food security and the increase of global demand in aquaculture. Under the National Development Plan, the government continues to provide assistance in basic infrastructure, such as main road access, electrical sub-stations and seawater lines.

As part of the government's efforts to promote Brunei fish and fishery products, the Department of Fisheries at the Ministry of Industry and Primary Resources (MIPR) has initiated efforts for local companies to obtain the European Union (EU) number required in order to be able to penetrate and export into the EU market.


FOR MORE INFORMATION:
The Department of Fisheries

TOURISM

OPPORTUNITIES IN BRUNEI DARUSSALAM’S TOURISM

Eco-tourism
Medical and Wellness
Sports and Fitness
Detox and Healthy Lifestyle
Resorts and Spas
MICE
WHY BRUNEI DARUSSALAM FOR YOUR TOURISM INVESTMENT?

Brunei is an untapped and unique holiday destination, offering abundant preserved rainforests and a rich cultural heritage. Nestled in the heart of Borneo and only 2-3 hours away from major South East Asian cities, Brunei is an ideal location for visitors seeking privacy and exclusivity, presenting itself as a serene and tranquil vacation spot for all travel aficionados. 70% of Brunei’s tropical rainforests are undeveloped with a rich marine biodiversity and exotic array of flora and fauna and Brunei’s well established yet under-utilised tourism infrastructure and its economic and political stability also means a secure and peaceful environment for all its visitors.

BRUNEI DARUSSALAM’S COMMITMENT TO TOURISM DEVELOPMENTENT

The Brunei Government is striving towards economic diversification and actively supports the development of its tourism industry. Recognising the growing global demand for ecotourism and the increasing concern for environmental issues, Brunei has been actively promoting its image as an ecotourism destination worldwide.
Brunei’s flag carrier, the Royal Brunei Airlines (RBA), maintains a steady route network ensuring the country’s connectivity to key destinations around the world. RBA flies to several destinations in Asia-Pacific, Middle East and Europe with daily direct flights from London via Dubai. RBA also flies weekly direct flights with route networks favourable for multi-destination trips and stopovers. In addition, Brunei is also serviced by a number of other carriers, namely Malaysia Airlines, Singapore Airlines, Thai Airways and Air Asia.

http://www.bedb.com.bn/index_greenbusiness.php

Brief Introduction of Brunei


 Brunei Darussalam is a small country with great potential. It is ranked number one in the Islamic world in terms of the Human Development Index (HDI), which measures a country's quality of life.

Strategically located on the north-west coast of the island of Borneo, right in the heart of Asia, it is just two to three hours flying distance from most ASEAN countries. Brunei has a total land area of 5,765 km² and over 160 kilometers of coastline along the South China Sea. Sitting on the equator, Brunei Darussalam enjoys an equatorial climate with an average temperature of about 28° Celsius, high humidity and heavy rainfall.

Brunei Darussalam is divided into four districts, namely Brunei-Muara, Tutong, Belait and Temburong. Its capital, Bandar Seri Begawan, is located in the Brunei-Muara district. The capital is the centre of Government and business activities. All the other major towns are within a two hour driving distance from Bandar Seri Begawan.

Population

Latest statistics put Brunei Darussalam’s population at 390,000 and growing at an average rate of 1.8% per annum. Brunei Darussalam has a multi-racial society, comprising of 67% Malays and 15% Chinese. Other races such as Indians, indigenous ethnic groups and expatriates make up the rest of the country’s population. Brunei Darussalam has a young population: 54% are in the 20-54 working age group, another 39% are below the age of 19 while only 7% are 55 and above.

Language

Bahasa Melayu (Malay Language) is the official language, but English is also widely spoken and understood. Various dialects of Chinese and Indian are used by the respective communities. Arabic is also taught in schools and institutions of higher learning.

Religion

Islam is the official religion of Brunei Darussalam and has been since the 14th century. Brunei takes its religion very seriously and has developed a strong Islamic reputation around the world. However, Brunei also practices religious tolerance as underwritten by the constitution. Other faiths practiced in the State include Christianity and Buddhism. About 67% of the population is Muslim.

Government

A British protectorate since 1888, Brunei Darussalam and became an independent sovereign Sultanate on 1 January 1984. Brunei Darussalam is governed on the basis of a written constitution which came into effect in 1959. Under the constitution His Majesty the Sultan has executive authority and is assisted and advised by 5 constitutional bodies, namely the Council of Succession, the Council of Cabinet Ministers, the Privy Council, the Religious Council and the Legislative Council.

The present Head of State and Head of Government is His Majesty Sultan Haji Hassanal Bolkiah Mu’izzaddin Waddaulah, the 29th monarch to succeed to the throne. His Majesty is also the Prime Minister and heads a team of Cabinet Ministers.

Judiciary

Brunei Darussalam’s judiciary system is based on English Common Law. The Supreme Court comprises the High Court and the Court of Appeals, while the Subordinate Court consists of the Magistrate's Courts. A Syariah Court also co-exists with the Supreme Court and deals with Islamic laws. For Muslims, Islamic Syariah Law supersedes civil law in a number of areas. In 1991 the Intermediate Court was established with extensive civil and criminal jurisdiction; although it does not deal with capital offences.

Education

The Government of His Majesty The Sultan and Yang Di-Pertuan of Negara Brunei Darussalam provides free education to all Brunei Darussalam citizens and permanent residents who attend government schools. While the current education policy priorities the Malay Language as the official national language, English is most commonly used as the medium of instruction. Arabic is also used in religious schools.

The literacy rate in Brunei Darussalam is about 93%, which is among the highest in the world. The United Nations Development Programme has ranked Brunei Darussalam 30th in the “High Human Development” category.

Healthcare

Healthcare is a priority to His Majesty’s Government by demonstrated in the provision of a comprehensive health care system for the people of Brunei Darussalam. The main health policy is to provide high quality yet cost effective health care in order to maintain a high standard of living in a clean and healthy environment. Among the objectives are to reduce the infant mortality rate, diseases and disability, promote a healthy way of life and improve the environment.

Brunei Darussalam’s health services are ranked among the best in Asia. Citizens of Brunei Darussalam are charged a nominal fee at public hospitals and health clinics. Apart from public health care there are also private clinics and a private medical centre for those who seeking alternatives.



 


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