five priority areas of business and investment
These sectors capitalise on Brunei Darussalam’s strength as a strong Islamic nation with its abundant natural resources and highly-educated skilled people.
Brunei Darussalam has put in place a FDI fast-track system to ensure investors obtain all the necessary government permits, licenses and approvals, including amongst others, development and construction approvals, and recruitment of foreign labour.
The BEDB as a frontline agency to promote and facilitate foreign investment into the country will work closely with investors to understand their business needs and aspirations, and will also work in tandem with the Invest in Brunei Darussalam FDI Action and Support Centre (FAST) to evaluate investment proposals, liaise with government agencies and obtain project approvals.
A Dedicated Account Manager will be assigned to each investor as a single focal point and liaison officer.
Brunei Darussalam’s Key Advantages
Brunei Darussalam is in the heart of Southeast Asia
Strategic Location & Connectivity
Brunei Darussalam is strategically located in the heart of Southeast Asia, the 5th largest market in the world with approximately 600 million people residing in the region.
Brunei Darussalam’s strategic and central location coupled with its connectivity and excellent relations with ASEAN member countries and beyond, provides investors with a stable platform to expand their operations and presence within the region.
Brunei Darussalam is situated within two to three hours of flight time to most major cities in Southeast Asia, with its national flag carrier airline, Royal Brunei, providing services to regional cities of Singapore, Jakarta, Kuala Lumpur, Manila, Hong Kong, Dubai, Shanghai, Melbourne, Jeddah, London and more.
Brunei Darussalam’s main sea port, Muara Port, is situated at the entrance of the Brunei Bay and has both a dedicated container terminal as well as a conventional terminal. The port not only acts as the primary gateway for goods entering and leaving the country, but is also well positioned to serve as a cargo transshipment hub in the East Asian Region, owing to its location along South China Sea’s shipping routes. The port is extending ahead of future growth in demand and to continuously improve its overall efficiency.
Major highways in Brunei Darussalam are built to international dual carriageway standards, with single carriageways built to a similar quality. A network spanning 2,836 km of roads has been constructed throughout the country, with links to our East Malaysian neighbors via the Pan Borneo Highway, providing access to growing regional cities such as Miri, Kuching and Kota Kinabalu.
Access To Key Markets
Brunei Darussalam is a member of ASEAN, WTO and APEC, and has multiple trade
agreements in these organisations as well as others.
Bilaterally, Brunei Darussalam has also concluded an Economic Partnership Agreement with Japan (BJEPA). For more information on Brunei Darussalam’s Free Trade Agreements, please visit: mofat.gov.bn
A Safe and Green Sanctuary In Southeast Asia
"Brunei Darussalam provides a politically stable and safe environment filled with lush greenery and is ranked the 3rd cleanest air in the world." - According to Global Health Observatory 2017 report by World Health Organisation
Business Friendly Environment
Dedicated Support for Investors - BEDB, FAST and relevant government agencies work closely to provide assistance to investors from submission of proposals up to implementation and operation of project.
Fast-Track FDI System - FDI Process is streamlined allowing for quicker approval process.
100% Foreign Ownership - Companies incorporated in Brunei Darussalam are permitted to have 100% foreign ownership.
Credible Co-Investment Partnership - Credible co-investment partnerships are available. Partners include Ministry of Finance’s Strategic Development Capital Fund (SDC) and Government Linked Companies (GLCs).
Favourable Tax Regime - There are no sales, payroll, capital gains, manufacturing and personal income tax. Corporate Income Tax in Brunei Darussalam is at 18.5% which is one of the lowest in the region.
Sound Legal and Regulatory Framework - Brunei Darussalam’s laws foster a pro-business and pro-investor environment. Brunei Darussalam also has a robust and comprehensive Intellectual Property (IP) Protection and accessibility to international filing routes.
Competitive Utility Rates - Brunei Darussalam has one of the lowest tariffs for basic utilities in the region, keeping business operating costs to a minimum.
Priority Business Clusters
Downstream Oil And Gas
Downstream Oil and Gas