Minister at the Prime Minister’s Office and Minister of Finance and Economy II Dato Seri Setia Dr Awang Haji Mohd Amin Liew bin Abdullah yesterday shared insights on Brunei Darussalam’s current economic status and the direction towards national economic progress to achieve Goal 3 of Brunei Vision 2035: ‘A Dynamic and Sustainable Economy’.
In his presentation ‘Economic Blueprint for Brunei Darussalam – Economic Growth and Diversification Through Technology and Innovation’, he highlighted the role of technology and innovation in the efforts to develop and diversify the national economy, as well as ongoing initiatives and future plans aimed at advancing economic development.
The development status of micro, small and medium enterprises (MSMEs) was also discussed. He also outlined six guiding principles and policies for the Economic Blueprint: productive and vibrant businesses; skilled, adaptive and innovative people; an open and globally-connected economy; a sustainable environment; high-quality and competitive economic infrastructure; and good governance and public service excellence.
On Brunei Vision 2035, the minister said, “Although there are 10 more years to go, the next five years will be very important for Brunei. If we can perform well, we will start to see the benefits in the following five years.”
He also revealed several foreign direct investments such as a marine yard expected to be operational early next year and an investment from India expected to take off in 2027, as well as Hengyi’s Phase Two. He added that several investors from China have also shown strong interest to invest in Brunei.
Source: Borneo Bulletin
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August 19, 2025
