Brunei Darussalam is proactively seeking foreign direct investment (FDI) projects in five priority clusters which are the Halal industry, the technology and creativity sector, business services, tourism and downstream oil and gas, as revealed on Thursday by the Energy and Industry Department at the Prime Minister’s Office, in a presentation to the media.
Among the eight FDI companies that are already in operation are engaged in pharmaceuticals, biotechnology, manufacturing, business and services and downstream oil and gas, with US$900 million worth of investment and boosting local employment by about 75 per cent.
More details in Friday’s Borneo Bulletin.
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