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67 ENTREPRENEURSHIP
potential to be a processing hub for Halal meat
with their stringent and government-backed
Halal certification process.
Tourism
Tourism offers various business and investment
opportunities for local and international
companies. The Sultanate welcomes
international companies to become partners in
developing the following projects:
• To strengthen Brunei’s primary products: the
Ulu Temburong National Park, Kampong Ayer
(Water Village) and Bandar Seri Begawan.
• To develop emerging products and
destinations: bird watching, diving, summer
schools, secretariat building, Islamic tourism,
medical tourism and cultural tourism.
• To increase the quality of tourism services by
stakeholders such as travel agencies, airlines,
transport services and accommodation
providers.
Downstream Oil and Gas
With nearly 90 years of experience in the oil and
gas sector, Brunei has developed expertise in
upstream and liquefied natural gas (LNG). InMay
2010, a methanol plant was commissioned and
began exporting its products within the region.
Future plans include developing downstream
industries to generate economic growth, create
employment for locals and promote other spin-
off industries.
A final investment decision (FID) has been
announced to build a fertiliser plant, slated
to be completed in 2021. Construction of an
integrated refinery and petrochemical complex
at Pulau Muara Besar (PMB) is ongoing and
production is expected to start in July 2019.
The facility will produce refined petroleum
products such as gasoline, diesel, jet fuel, and
downstream petrochemicals such as benzene
and paraxylene.
To develop downstream industries, two
industrial sites have been allocated and
reserved: Sungai Liang Industrial Park (SPARK)
and Pulau Muara Besar (PMB) Industrial Park.
These sites provide new projects with proximity
to existing and future petrochemical plants to
achieve cross-industry synergy and optimise
logistical efficiency.
Starting a Business
To start a business, one must learn the legal
structures available and decide which is most
suitable.
An applicant may set up an account at www.
and complete a form. The form is
for either of the following: incorporation of a
company at BND300 (establishing a Sendirian
Berhad), or registration of a business name at
BND30 (establishing a sole proprietorship or
partnership).
After completing the online form, the
applicant must upload required documents.
Registration fee is paid before submitting
the application online. Once the application
is approved, the applicant will receive the
Company Incorporation Certificate or Business
Registration Certificate via email.
Employers can register with JobCentre Brunei
at to advertise
their vacancies. Companies may review
job applicants and request for talent pool
from JobCentre Brunei for a more specific
requirement such as experience or area of
study.
For each job application, companies will have 30
days to review applications, conduct interviews
and select a candidate.
If locals do not apply within two weeks,
companies can apply for a clearance letter
from JobCentre. Companies can proceed to the
Department of Labour to apply for a Foreign
Worker License and seek a foreign candidate.