Brunei Darussalam

Brunei Darussalam

To stimulate economic growth, Brunei Darussalam launched a long-term development plan called Wawasan Brunei 2035 (Brunei Vision 2035). Its goals are to enhance education and skills development and improve the quality of life in the country to the highest international standards as well as develop a dynamic and sustainable economy with an income per capita that is comparable to top countries in the world.

In January 2021, the country launched its Economic Blueprint  Towards a Dynamic and Sustainable Economy, which supports the third goal of Brunei Vision 2035  It will help transform a highly dependent oil and gas economy into a dynamic and sustainable economy that provides more high-value employment opportunities and harnesses the latest technology in line with the Fourth Industrial Revolution.

The entire sultanate of Brunei Darussalam is included in BIMP-EAGA  Under the cooperation initiative, the sultanate is part of the development of the West Borneo Economic Corridor (WBEC), which also includes West Kalimantan in Indonesia, and Sarawak and Sabah in Malaysia.

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