BUSINESS OPPORTUNITIES IN BRUNEI DARUSSALAM

[Pages:22]BUSINESS OPPORTUNITIES IN BRUNEI DARUSSALAM

18 March 2013

Brunei ? "Abode of Peace"

*Exchange Rate USD1=BND1.25

Land Size : 5,765 sq km Population : 393, 400

Top 10 in Asia & Oceania Human Development Index

(United Nations 2011)

#7 in Asia for `Best Living Standards'

(Mercer Report 2011)

# 3 in ASEAN for Quality of Education

(GCR, World Economic Forum, 2011-12)

Politically and Economically Stable

No History of Natural Disasters

No History of Terrorism related incidents

*Exchange Rate USD1=BND1.25

Economic Overview

#1 in the World Macroeconomic Environment

(GCR, World Economic Forum, 2011-12)

GDP (2012 est) : B$21 billion GDP per capita (2012) : B$52 ,315 GDP growth (2013 est) : 2.3% GDP composition (2012)

? Oil & Gas : 67.7% ? Government services : 11.7% ? Private : 20.6% Inflation (2012) : 0.5% No Government Debt #5 Richest Nation in the World (Forbes 2012)

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 (2012 est))

Crude Oil 50.8%

LNG 44.8%

Others 2.9%

Methanol 1.5%

* 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"

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)

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'.

International Network Connectivity

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.

80% of its Capacity is Under-utilised

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