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| Source: Brunei Darussalam government. |
The two-day International Food and Bio-Industry Investment Conference will be held in Brunei Darussalam in May 2015 as part of the Sultanate's Brunei BioInnovation Corridor's (BIC) initiative. The conference and the BIC initiative are in line with the nation's intention to achieve further diversification, competitiveness and sustainability of the economy.
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| Source: Brunei Darussalam government. Aerial view, BIC. |
Hosted by the government of Brunei Darussalam, the conference will align with BIC's purpose to promote Brunei Darussalam as a regional hub for bio-industry research and innovations, with a focus on halal food products, cosmetics, pharmaceuticals, biotechnology and logistics. Delegates will include senior government officials; business executives, investors, as well as high-profile speakers from around the globe. Topics of discussion are to cover economic opportunities in addition to in-depth bio-innovation.
"The BIC spans an area of approximately 500 hectares, and will attract investment in research and development, manufacturing, and commercial industries. It is an additional sector that will strengthen the economy," said His Majesty The Sultan Haji Hassanal Bolkiah Mu'izzaddin Waddaulah ibni Al-Marhum Sultan Haji Omar 'Ali Saifuddien Sa'adul Khairi Waddien, the Sultan and Yang Di-Pertuan of Brunei Darussalam on the occasion of HM's 68th birthday.
The BIC, in the Brunei Muara District, is an initiative led by the Ministry of Industry and Primary Resources of Brunei Darussalam. The BIC is a mixed use environment able to accommodate research and innovative technology applications. It is anticipated to provide up to 28,000 full time employment positions, in which 9,500 roles would be related to food processing.
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| Source: Brunei Darussalam government. BIC masterplan. |
"The BIC spans an area of approximately 500 hectares, and will attract investment in research and development, manufacturing, and commercial industries. It is an additional sector that will strengthen the economy," said His Majesty The Sultan Haji Hassanal Bolkiah Mu'izzaddin Waddaulah ibni Al-Marhum Sultan Haji Omar 'Ali Saifuddien Sa'adul Khairi Waddien, the Sultan and Yang Di-Pertuan of Brunei Darussalam on the occasion of HM's 68th birthday.
The BIC, in the Brunei Muara District, is an initiative led by the Ministry of Industry and Primary Resources of Brunei Darussalam. The BIC is a mixed use environment able to accommodate research and innovative technology applications. It is anticipated to provide up to 28,000 full time employment positions, in which 9,500 roles would be related to food processing.
Discussions are in progress for developing Phase 1 (37 hectares of land to be subdivided into 25 plots) with investors. Approximately 30% or up to 195 hectares of land is earmarked for industrial usage, and 25% of land will be allocated for green space.