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THE REASONS WHY YOU SHOUD INVEST IN BRUNEI DARUSSALAM
Brunei Darussalam recognises the role of
private sector in developing a viable agribusiness
that is market-driven. In this
context, the Government encourages both
domestic and foreign investments in agribusiness
through investor-friendly policies
that include :-
- LAND : The Government will assist bona fide
investors to obtain suitable sites and lands
for various agri-businesses.
- INFRASTRUCTURE : The Government will consider providing the
basic infrastructure including roads, drainage,
irrigation, water and electricity supply.
- ACCESSIBILITY: Brunei Darussalam is easily accessible by sea ports, airport and roads. Brunei Darussalam also has a best infrastructure for ICT.
- LABOUR AND HRO : The country has a large pool of educated workforce to support modern agribusiness development. In addition, the Government has a liberal policy for labours and permit large numbers of cheap migrant workers to support its economic development.
- STRONG ECONOMIC FUNDAMENTALS : Brunei Darussalam has huge trade surpluses to finance its development programmes without having to borrow. However, the Government is seriously pursuing economic development programmes to diversify its petroleum-based economy.
- FINANCIAL : The national currency is sound, backed by strong foreign reserves. Financial institutions are well regulated and have the capacity to support private sector development.
- TECHNOLOGY SUPPORT : The Government is supportive in agricultural R&D including post-harvest technology. The private sector has easy access to asset-based technology and enjoys a free flow of knowledge and information. Other supportive programmes include agromarketing, entrepreneur development and developing industrial standards.
- LEGAL PROTECTION : Brunei Darussalam has an established legal framework with the rule of laws to safeguard investments and intellectual properties.
- PUBLIC POLICIES : Public policies are investors friendly including generous tax incentives and pioneer status . Investors also enjoy a freehand on management.
- SOCIAL FACTOR : Brunei Darussalam enjoys time-proven political stability and social cohesiveness that favour foreign and domestic investments.
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