Asean Promotion 

 Business Opportunities:

 

The Ministry of Industry and Primary Resources in actively promoting investments, has provided the following guide to investors.

 

Why Invest in Brunei Darussalam?

 

Investors will find that Brunei Darussalam offers a favourable and conducive environment for a profitable investment. Some of the key reasons are:-

* Brunei Darussalam is a stable and prosperous country which offers not only excellent infrastructure but also a strategic location within the ASEAN group of countries;

* Brunei Darussalam has no personal income tax, no sales tax, payroll, manufacturing or export tax. Approved foreign investors can also enjoy a company tax holiday of up to 8 years;

* The regulations relating to foreign participation in equity are flexible. In many instances there can be 100 percent foreign ownership;

* There are no difficulties in securing approval for foreign workers, ranging from labourers to managers;

* The costs of utilities are among the lowest in the region;

* The local market, while relatively small, is lucrative and most overseas investors will encounter little or no local competition;

* The living conditions in Brunei Darussalam are among the best and most secure in the region.

* Above all else, His Majesty's Government genuinely welcomes foreign investment in almost any enterprise and will ensure that you receive speedy, efficient and practical assistance with all your enquries.

 

Tourism

 

A spectacular landmark in the capital is the magnificent new mosque Jame'Asr Hassanil Bolkiah at Lebuhraya Sultan Hassanal Bolkiah in Kampong Kiarong. It adds a new dimension to Brunei and to the whole region as one of the grandest monuments of Islam. It is the brainchild of His Majesty with every detail meticulously rendered revealing the true depths of His Majesty's conviction.

 

 Brunei village, in an old-style, has been recreated at Kampong Parit Mini Garden, 26 miles from the capital. In a tropical forest clearing, visitors can explore 20 traditional-style stilt houses consrtucted from bamboo, nipah palm and bark. In stark contrast, about 30 minutes from town, the lights of the Crystal Arch and Jerudong Park Playground attract visitors to a nightly wonderland of fantasy rides, amusements and delicious food in fragrant, landscaped garden setting.

Restaurants and fast-food centres in Brunei, cater to a wide range of tastes. Fresh fruit, vegetables and authentic local cuisine can be obtained at the Tamu night market, in the centre of town. The market takes on a special atmosphere when crowds come to shop and eat in the evening. Among the tourist attractions in Brunei Darussalam include His Majesty the Sultan's Palace along Jalan Tutong, the Jame'Asr Hassanil Bolkiah Mosque in Kampong Kiarong, the Omar Ali Saiffudien Mosque by the Brunei river, the Jerudong Park, the Royal Ceremonial Hall and Legislative Assembly in the capital, the Brunei Museum on top of a hill overlooking the Brunei river; waterfalls at Mendaran outside the capital; and Rampoyah off the Labi Road in the Belait district; the longhouses in the interior region of the country; the forest reserve at Sungai Liang, Belait district; and the Temburong Field Studies Centre.

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Readers are advised that official  pages will be updated........

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