From 16 to 17 May 2016, ASEAN-China Centre (ACC) organized Chinese entrepreneurs’ trade and investment mission to Brunei, during which the China-Brunei Trade and investment Cooperation Forum was held jointly by ACC and the Brunei Ministry of Foreign Affairs and Trade. The Brunei Government attached great importance to the activity. Tuan Adi Shamsul Sabli, Permanent Secretary of Prime Minister’s Office, attended the Opening Ceremony and delivered a speech. He welcomed the Chinese enterprises to invest in Brunei to provide new impetus to the development of Brunei’s economy. The Ministry of Foreign Affairs and Trade invited relevant government officials and business associations to brief on Brunei’s economic and social development situations, policies to attract foreign investment, trade facilitation measures and related laws and regulations. They said that the rich oil and gas resources in Brunei, advanced education system and low cost of electricity provided Brunei with huge potential in pharmaceutical, health care products, biotechnology, cosmetics, and halal industries. Brunei companies looked forward to cooperation with Chinese enterprises in these areas for mutual benefits and win-win results.
The Chinese entrepreneurs had face-to-face interactions and business matching with Brunei companies as well as field trips to local industrial parks. They said that they will benefit much from this trip, which provided them with a good opportunity to learn from and exchange ideas with Brunei entrepreneurs, and helped them to better understand the Southeast Asian market. They would continue to communicate with Brunei entrepreneurs to explore new models of cooperation and new opportunities for development.
This Trade and Investment Cooperation Forum in Brunei was a high-level event in terms of the participating officials from the hosting country.
In Brunei, Secretary-General Yang Xiuping along with Brunei Government officials and business people had extensive contacts and exchange. She paid a courtesy call on the Chinese Ambassador to Brunei H.E. Mme. Yang Jian to listen to her opinion on Brunei-China and ASEAN-China relations. Secretary-General Yang also visited the site of Pulau Muara Besar Bridge Project constructed by China Harbor Engineering Company Ltd. and listened to the project manager Mr. Dong Yan. Mme. Yang encouraged the Chinese company to ensure safe, high-quality and efficient completion of the construction project to make contribution to the infrastructure construction cooperation between China and Brunei.
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