CO U N T RY PR E S E N TAT I O N G OV E R N M E N T OF B R U N E I DA R U S S A L A M

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1 INVEST IN BRUNEI DARUSSALAM CO U N T RY PR E S E N TAT I O N G OV E R N M E N T OF B R U N E I DA R U S S A L A M

2 BRUNEI DARUSSALAM. YOUR FRIENDLY, ACCESSIBLE & SAFE GATEWAY TO SOUTHEAST ASIA. M Y A N M A R L A O S C A M B O D I A V I E T N A M P H I L I P P I N E S T H A I L A N D M A L A Y S I A B O R N E O I S L A N D S I N G A P O R E I N D O N E S I A

3 SOUTHEAST ASIA IS THE 5TH LARGEST MARKET IN THE WORLD

4 BRUNEI IS IN THE HEART OF SOUTHEAST ASIA. HANOI HONG KONG VIENTIANE YANGON 3 HOURS FLIGHT TO THE WHOLE REGION BANGKOK PHNOM PENH BRUNEI DARUSSAL AM MANILA 16 FLIGHT SERVICES TO MAJOR CITIES KUALA LUMPUR SINGAPORE 13 S H I P P I N G SERVICE L I N E S F R O M MUARA PORT JAKARTA 15 CO N N E C T E D P O RT S REGIONALLY

5 A SAFE SANCTUARY IN SOUTHEAST ASIA. BRUNEI PROVIDES A POLITICALLY STABLE AND SAFE ENVIRONMENT FILLED WITH LUSH GREENERY AND BOASTING THE 3 RD CLEANEST AIR IN THE WORLD. 58% OF TOTAL LAND AREA TO BE CONSERVED UNDER HEART OF BORNEO INITIATIVE 75% STILL COVERED IN PRISTINE RAINFOREST AND OTHER ECOHABITATS BORNEO, THE WORLD'S THIRD LARGEST ISLAND, ACCOUNTS FOR JUST 1% OF THE WORLD'S LAND YET HOLDS ROUGHLY 6% OF GLOBAL BIODIVERSITY IN ITS RICH, TROPICAL FORESTS.

6 A FRIENDLY MUSLIM NATION. BRUNEI IS A MEMBER OF ASEAN, WTO & APEC, AND HAS MULTIPLE TRADE AGREEMENTS IN THESE BODIES AND BEYOND.

7 8 TRADE AGREEMENTS WITH 24 COUNTRIES, WITH A REACH OF MORE THAN 3 BILLION PEOPLE.

8 BRUNEIANS ARE EDUCATED AND CONNECTED PEOPLE. BRUNEI HAS A YOUNG, HIGHLY EDUCATED, MULTILINGUAL AND TECH-SAVVY WORKFORCE. 75% OF POPULATION IS OF WORKING AGE #1 FACEBOOK USAGE IN ASIA #1 Facebook usage i n Asia is 2012 d a t a

9 LOW TAX REGIME AND STRATEGIC PARTNERS. INVESTORS ARE WELCOME TO HAVE 100% OWNERSHIP. CO-INVESTMENT PARTNERSHIP WITH THE BRUNEI GOVERNMENT IS ALSO AVAIL ABLE. 0% 18.5% PERSONAL INCOME TAX PAYROLL TAX GOODS AND SERVICES TAX CAPITAL GAINS TAX CORPORATE TAX NO. 2 LOWEST IN SOUTHEAST ASIA

10 PREMIUM, HIGH QUALITY STANDARDS. BRUNEI IS KNOWN FOR ITS GOOD STANDARD OF LIVING, FROM WORLD CLASS EDUCATION AND HEALTH SYSTEM TO PREMIUM BRANDS SUCH AS THE DORCHESTER GROUP.

11 STRONG & COMMITTED GOVERTMENT SUPPORT. THE BRUNEI GOVERNMENT IS COMMITTED TO FIND WAYS TO IMPROVE THE BUSINESS ENVIRONMENT THROUGH INTRODUCTION OF NEW PROCESSES, REGULATIONS AND SYSTEM CHANGES. No. 1 M O ST I M PROV E D CO U N T RY IN T H E WO R L D WORLD BANK S DOING BUSINESS 2017 REPORT 2 YEARS IN A ROW

12 W E O F F E R ATTRAC TIVE INCENTIVES % F O R E I G N O W N E R S H I P P I O N E E R TAX STATUS U P TO YEARS E XEM P T I O N ON CO R P O R AT E I N CO M E TAX A N D I M P O RT D U T I E S READILY AVAIL ABLE I N F R A ST RU C T U R E D E D I C ATED S U P P O R T FO R I N V E STORS FAST TRACK F D I SYSTEM CO M PE T I T I V E UTILIT Y RATES

13 INTERNATIONAL COMPANIES ESTABLISHED IN BRUNEI DARUSSALAM AND MANY MORE...

14 DEDICATED INDUSTRIAL SITES AVAILABLE FOR FDI BUKIT PANGGAL INDUSTRIAL PARK Mixed Industries TELISAI INDUSTRIAL PARK Mixed Industries SUNGAI LIANG INDUSTRIAL PARK Oil & Gas Downstream BIO INNOVATION CORRIDOR Halal-Related Industries DIGITAL JUNCTION ICT & High Tech TUTONG DISTRICT BRUNEI-MUARA DISTRICT ANGGEREK DESA TECH PARK ICT & High Tech SALAMBIGAR INDUSTRIAL PARK Light Industries PULAU MUARA BESAR (PMB) Oil & Gas Downstream TEMBURONG DISTRICT BEL AIT DISTRICT BATU APOI INDUSTRIAL PARK Light Industries DESIGNATED INDUSTRIAL SITES UNDER DARUSSALAM ENTERPRISE

15 RELIABLE FOREIGN DIRECT INVESTMENT (FDI) SYSTEM 3 FDI STEERING COMMITTEE 2 FDI WORKING COMMITTEE (SUPPORTED BY FAST) Committee of 5 Cabinet Ministers Recommends final decision on investment proposal 1 BRUNEI ECONOMIC DEVELOPMENT BOARD Works guides investors to an investment proposal Introduces potential JV partners Sources Solution Facilitation

16 PRIORITY BUSINESS CLUSTERS HAL AL B U S I N E SS SERVICES TECH N O LO G Y & CREATIVE I N D U S T RY TO U R I S M D O W N S T R E A M OIL & GAS Pharmaceutical and Health Supplements Aquaculture Agriculture Transportation and Logistics Financial Services Business Process Outsourcing Data Centre Digital Media Internet of Things Biotechnology Eco-Tourism Medical Tourism Cultural Tourism Hospitality Downstream Oil &Gas Petrochemicals Food Processing, Manufacturing and Distribution Cosmetics

17 SOME SELECTED DETAILS... HALAL PHARMACEUTICALS, FOOD & COSMETICS Available guidelines for certification of Halal Food, Halal Pharmaceuticals and Halal Cosmetic LOGISTICS & BUSINESS SERVICES Logistics & Distribution services and Business Process Outsourcing services that leverage on Brunei s strategic location TECHNOLOGY & CREATIVE INDUSTRY Data Centre, Flight Schools, Multimedia industries that can capitalize on available excess bandwidth and human resource TOURISM Eco-Tourism, Medical, Cultural and Hospitality that can capitalize on long history cultural heritage and luxuriant rainforest DOWNSTREAM OIL & GAS Downstream Oil & Gas and Petrochemicals that utilize the available resources for the development of higher-value-added downstream derivatives

18 B U S I N E S S O P P O R T U N I T I E S

19 O P P O R T U N I T I E S : HALAL F O O D I N D U S T RY EXISTING ACTIVITIES I N V E S T M E N T O P P O R T U N I T I E S FOOD PROCESSING JE R A M BAK, M U L AU T ABATTOIRS BMC, P D S, SABLI S FRESH AND PROCESSED MEAT W E STER N F O O D S INDUSTRIAL MARGARINE AND SHORTENING H A N A SOY SOY MILK INFANT POWDER NUTRITIONAL DRINKS, SHAKES FOR ELDERS GELATIN PALM OIL COCOA BEANS DAIRY PRODUCTS CONFECTIONARIES INDUSTRY DETERGENT AND SOAP AQUACULTURE AND AGRICULTURE S E M AU N M A R I N E R E S O U RC E S, G O L D E N CO R P O R AT I O N, H I S E AT O N F I S H E R I E S FRESH SEAFOOD TRANSSHIPMENT AND PROCESSING HUB REFRIGERATED CONTAINER CANNING AND REPACK AGING

20 O P P O R T U N I T I E S : HALAL P H A R M ACE U T I C AL I N D U S T RY EXISTING ACTIVITIES I N V E S T M E N T O P P O R T U N I T I E S RAW MATERIALS FROM OVERSEAS E.G. GELATIN, FISH OIL ASTAXANTHIN GELATIN DETERGENT AND SOAP WAREHOUSE MANAGEMENT ' CHEMICAL WASTE MANAGEMENT PACKAGING AND BOTTLING ACCREDITED TESTING, LABORATORIES AND STERILISATION SERVICES PHARMACEUTICALS

21 O P P O R T U N I T I E S : TECH N O L O G Y & CREATIVE I N D U S T RY EXISTING ACTIVITIES I N V E S T M E N T O P P O R T U N I T I E S TELECOMMUNICATIONS SUBMARINE CABLE SERVICE PROVIDERS EDUCATION AND KNOWLEDGE CREATION NATIONAL AND REGIONAL DATA CENTRE BUSINESS NETWORK IN AVIATION FLIGHT SCHOOL FLIGHT SIMULATION TRAINING CENTRE MEDIA AND IN-SERVICE CENTRE HOSPITALITY SCHOOL MULTIMEDIA CONTENT CREATION BIODIVERSITY R&D LOCAL EDUCATIONAL INSTITUTIONS

22 O P P O R T U N I T I E S : LOGISTIC S I N D U S T RY EXISTING ACTIVITIES I N V E S T M E N T O P P O R T U N I T I E S LAND, SEA &AIR SHIP MAINTENANCE AND REPAIR CONTAINER MAINTENANCE AND REPAIR SUPPLY CHAIN MANAGEMENT CONTAINER LINE AIR CARGO WAREHOUS ING HALAL MEAT TRANSSHIPMENT AND PROCESSING HUB

23 O P P O R T U N I T I E S : OIL & GAS D O W N S T R E A M I N D U S T RY EXISTING ACTIVITIES I N V E S T M E N T O P P O R T U N I T I E S FORMALDEHYDE Melamine, Urea Formaldehyde Melamine Formaldehyde METHANOL AMMONIA AND UREA FIBRE BOARD WOODEN FURNITURE TABLEWARE JET FUEL, DIESEL, GASOLINE, LPG AROMATIC HYDROCARBON SPECIALTY CHEMICALS PLASTICS TEXTILES

24 TESTIMONIALS BRUNEI DARUSSALAM S ECONOMIC STRENGTH, GEOGRAPHIC LOCATION, STABILITY, FOCUS ON SAFETY, LOW TAX RATES AND STRONG RELATIONSHIP WITH ITS ASEAN NEIGHBOURS ALL CONTRIBUTED TO CAE S DECISION TO MAKE A SIGNIFICANT INVESTMENT IN ESTABLISHING A WORLD-CLASS MULTI-PURPOSE TRAINING CENTRE IN BRUNEI DARUSSAL AM. - Rozman Junaidi, Training Centre Manager, CAE Brunei MPTC Sdn Bhd WE CHOSE BRUNEI DARUSSALAM BECAUSE OF ITS POLITICAL STABILITY, SOLID IP PROTECTION LAWS AND AVAIL ABILIT Y OF HIGHLY EDUCATED YOUNG PEOPLE. Johan Poole-Johnson, Commercial Director, Sengenics (B) Sdn Bhd UNLIKE OTHER PARTS OF THE MUSLIM REGION, BRUNEI HAS A SAFE AND HEALTHY ENVIRONMENT FOR US TO MAKE SIMPOR PHARMA AN INTERNATIONALLY RECOGNIZED HOUSEHOLD NAME. WE AIM TO BOOST BRUNEI DARUSSALAM S GDP & CONTRIBUTE TOWARDS THE DIVERSIFICATION OF THE ECONOMY. Edward Ko, Managing Director, Simpor Pharma Sdn Bhd

25 W H Y BRUNEI DARUSSALAM STABLE ENVIRONMENT ACCESS TO MARKETS FAVORABLE TAX CLIMATE DEDICATED INDUSTRIAL PARKS Political stability Strategically located No tax on: Competitively priced Low crime rates No history of significant natural disasters Clean & green environment Good connectivity International agreements are in place Access to Raw Materials from the BIMP-EAGA region Personal Income Payroll Goods and Services Capital Gains Low Corporate Income Tax of 18.5% Land rates: B$7.00/ sqm Maintenance: varies Power: B$0.10/kWh (avg) Water (Potable): B$0.66/m³ Access to Halal Markets: Guidelines on Halal Food, Pharmaceuticals and Cosmetics are in place

26 W H Y BRUNEI DARUSSALAM INVESTMENT INCENTIVES CO-INVESTMENT PARTNERSHIP FRIENDLY BUSINESS ENVIRONMENT Pioneer Industries, exemption from: Corporate Income Tax Taxes on Imported Duties on Machinery, Equipment, Component Parts, Accessories or Building Structures Taxes on imported Raw Materials Pioneer Service Companies, exemption From Corporate Income Tax Period of exemption is up to 5 years + further extensions Investors may own 100% of a company established in Brunei Darussalam; nonetheless credible co-investment partnership is available Potential partners: Strategic Development Capital Fund (SDC) Government Linked Companies (GLCs) under the Ministry of Finance Ease of doing business Brunei laws are pro-business and pro-investor including a comprehensive Intellectual Property (IP) law

27 INVEST IN BRUNEI DARUSSALAM POLITICALLY STABLE ATTRACTIVE TAX INCENTIVES STRONG GOVERNMENT SUPPORT GREAT ACCESS TO ASEAN S GROWING MARKET WE ARE YOUR FRIENDLY, TRUSTABLE PARTNER

28 TERIMA KASIH & T H A N K YO U