BRUNEI DARUSSALAM BACKGROUND INFORMATION Area 5721 sq km

BRUNEI DARUSSALAM BACKGROUND INFORMATION § Area : 5721 sq. km § Population (2015): 417, 000 §GDP (2014): BND 21. 7 billion § GDP per capita (2014): BNSD 52, 614 per capita (Oil & Gas = 63. 3% of GDP) § Main Export: Oil and Gas, 180, 000 barrels/day (29, 000 m 3/day) § Import: Food, manufactured good including industrial machineries NATIONAL DEVELOPMENT PLAN (2035) § Vision: • well educated and highly skilled people • quality of life (among top 10 nations in the world) • dynamic and sustainable economy with income per capita within the top countries in the world § Objectives: • local business strategy that will enhance opportunities for local SMEs • infrastructure development strategy (continued investment by government and PPP- special emphasis on education, health and industries)

• • Darussalam Enterprise (DARe) is a statutory body of Brunei that was formed in Feb 2016 to nurture and support business enterprises from start-up to growth. DARe initiatives include providing capacity building programmes, market access, access to financing as well as developing and managing Brunei’s industrial sites to support the growth of businesses. 2

Industrial Site Management • • Industrial Site Management (ISM) is a department of DARe that provides and manages industrial space and facilities. Industrial land throughout the 4 districts of Brunei formerly administered under different government agencies for Micro, Small & Medium Enterprises (MSME) and Foreign Direct Investment (FDI) are now consolidated under the management of DARe. 4

PRIORITY CLUSTERS Innovative technology & creative industry Halal Pharmaceutical & Health Supplements Aquaculture Agriculture Food Processing, Manufacturing & Distribution Data Centre Digital Media Internet of Things Biotechnology Business Services Tourism Transportation & Logistics Tourism Downstream Oil & Gas Medical Tourism Petrochemicals Financial Services Business Process Outsourcing Downstream Oil & Gas Industry Cultural Tourism Hospitality Cosmetics The Government of Brunei Darussalam also welcomes investment in other business sectors 6

FDI Project Locations Digital Junction Bio Innovation Corridor Salambigar Serambangun Pulau Muara Besar SPARK Anggerek Desa 7