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BUSINESS SECTORS
INNOVATIVE TECHNOLOGY & CREATIVE INDUSTRY
Brunei Darussalam has identified the technology
and creative industry as one of the clusters that
can help diversify the economy. The country
has set aside two industrial parks to develop
the technology and creative Industry: the Digital
Junction and Anggerek Desa Technology Park.
Located at the Anggerek Desa Technology Park
is iCentre, an incubation centre for budding
technopreneurs and product innovators. Just
next door is the Knowledge Hub, also known
as KHub, with programmes and activities run in
partnership with companies such as Microsoft
and Sesame World Technology.
The technology and creative industry has
seen a few notable foreign direct investments
(FDIs) in recent years, one of which is CAE
Brunei Multi-Purpose Training Centre (MPTC).
Operational since 2014, CAE Brunei MPTC is
one of Southeast Asia’s largest flight simulator
training centres, equipped with world-class
facilities.
Digital media and Internet of Things
Driven by a young and tech-savvy population,
Southeast Asia is quickly becoming the world’s
fastest growing Internet market with millions
of new users coming online every month.
According to the Digital 2019 report released by
Hootsuite and WeAreSocial, most of Southeast
Asia’s nations are above the worldwide average
of 115 per cent for mobile penetration.
Brunei’s mobile penetration rate has continued
to surge upwards for the past five years.
According to AITI, the country’s mobile
penetration in 2015 was 111.4 per cent. In the