Brunei firms explore investment opportunities during Sarawak visit

KUCHING (Feb 6): More than 15 Brunei companies from various sectors participated in an official visit to Sarawak organised by the Brunei Economic Development Board (BEDB), according to the Ministry of International Trade, Industry and Investment Sarawak (Mintred).

In a statement, Mintred said the visit was facilitated in collaboration with the Brunei Darussalam-Indonesia-Malaysia-Philippines East Asean Growth Area (BIMP-EAGA) Business Council and the Sarawak Business Federation.

The visit formed part of ongoing efforts to strengthen regional economic cooperation and promote cross-border trade and investment between Brunei Darussalam and Sarawak.

The programme provided Brunei enterprises with insights into Sarawak’s business environment, regulatory and cost structures, as well as available investment opportunities.

It also included business matching and networking sessions to explore potential collaborations.

The BEDB delegation was led by its director (Enterprise Development) Norlela Suhailee, and accompanied by Brunei Darussalam’s Consul General in Sarawak Sheikh Abdul Mahdani Sheikh Abdul Gani.

The delegation paid a courtesy call on Mintred deputy minister Datuk Dr Malcolm Mussen Lamoh.

Also present was Mintred permanent secretary Datu Lester Matthew.

Discussions focused on enhancing cross-border investment and cooperation in priority sectors including energy, food security, small and medium enterprise market access, and the development of high-growth industries.

Following the visit, the Sarawak Trade and Tourism Office in Brunei Darussalam (Statob) will facilitate follow-up engagements between companies to translate discussions and business leads into tangible outcomes and mutually beneficial partnerships, Mintred said.

The ministry added that the visit underscored the shared commitment of Sarawak and Brunei Darussalam to deepen economic cooperation, strengthen business linkages and create new growth opportunities for enterprises in both markets.