UPCOMING OPPORTUNITIES IN PORT AND LOGISTICS ON PULAU MUARA BESAR:
Port Construction – Opportunity to participate in the construction of the port facilities at Pulau Muara Besar such as the container terminal, administration building and berthing area either through tenders or public private partnership.
Industrial Development – Investors are welcome to set up their industries in manufacturing, logistics, aquaculture, Halal Food Processing, Shipyard, Oil Refinery and Storage on the island.
Infrastructure development – Opportunities to participate in the infrastructure development such as construction of the bridge from mainland to PMB, roads and utilities such as power, water and sewerage through public private partnership or tenders.
Urban development – Investment and construction opportunities in property development; residential and commercial buildings as well as business parks to create an integrated island and robust environment.
WHY INVEST IN PORT AND LOGISTICS AT PULAU MUARA BESAR?
The BEDB is working towards the development of a world class deepwater container port and a dynamic logistics and manufacturing hub, to be located on a Greenfield island site known as Pulau Muara Besar (PMB) opposite the existing national port. PMB will be developed in phases, with the first phase of development being the construction of the deepwater container terminal facility that will be operated by Philippines-based International Container Terminal Services Incorporated (ICTSI). To complement the port’s activities, there are plans to house logistics and warehousing services adjacent to the quay.
With its unique settings and strategic location within the Borneo and BIMP-EAGA region, PMB will be developed to become the region’s leading logistics hub for the movement of goods, as well as the gateway to access and serve millions of people in the BIMP-EAGA region. And the BEDB’s plans for a multi-phased development of the island, integrating an economic development zone, a community zone and lifestyle zone, mark PMB as the next centre of opportunity for Brunei Darussalam.
Basic infrastructure and utilities will be provided on the island to ensure that investors will be able to optimize their setting up time. Several investment incentives are also in place, which provide a conducive business environment such as tax exemptions for qualified industries.
For more information on Pulau Muara Besar Development click here.
BRUNEI DARUSSALAM’S COMMITMENT TO THE DEVELOPMENT OF PULAU MUARA BESAR
Brunei Darussalam’s Vision 2035 outlines an economic strategy to create new employment and business opportunities within Brunei Darussalam, through the promotion of foreign and domestic investment in both downstream industries as well as in economic clusters beyond the oil and gas industry. In line with this economic strategy, the industrialization strategy of PMB will therefore focus on downstream industries and economic clusters beyond the oil and gas industry.
http://www.bedb.com.bn/index_transport.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.