Malaysia-Brunei trade jumped 31%
Trade between Malaysia and Brunei experienced a significant increase in 2013, according to Chief Secretary to the Malaysian government, Tan Sri Dr Ali Hamsa. He said between January and August 2013 alone, a total trade volume of $600 million was recorded, a 31 per cent jump compared to the same period in 2012.
“In addition to that, Malaysian companies had been very active in the construction sector in Brunei comprising 11 main development projects with contracts totaling around $600 million,” he said.
The Permanent Secretary of the Brunei Prime Minister’s Department, Mohammad Abdoh Dato Seri Setia Abdul Salam, said Malaysia was appreciative of the role Brunei had played in the Malaysian economy, with its involvement in projects listed under the National Key Economic Area and the Economic Development Corridors, especially in the tourism, real estate, oil and gas, hospitality and halal product sectors.
Ali Hamsa also pointed out that the recent opening of the Friendship Bridge across Sungai Pandaruan bordering Brunei’s Temburong district and Sarawak’s Limbang district showed how strong the relations were. He added that with this bridge and the Pan-Borneo Highway, it would enhance the social and economic development between the northern Sarawak and southern Sabah regions, as well as Brunei and neighbouring Indonesia.
Trade between Malaysia and Brunei experienced a significant increase in 2013, according to Chief Secretary to the Malaysian government, Tan Sri Dr Ali Hamsa. He said between January and August 2013 alone, a total trade volume of $600 million was recorded, a 31 per cent jump compared to the same period in 2012. “In addition to that, Malaysian companies had been very active in the construction sector in Brunei comprising 11 main development projects with contracts totaling around $600 million,” he said. The Permanent Secretary of the Brunei Prime Minister’s Department, Mohammad Abdoh Dato Seri Setia Abdul Salam, said Malaysia...
Trade between Malaysia and Brunei experienced a significant increase in 2013, according to Chief Secretary to the Malaysian government, Tan Sri Dr Ali Hamsa. He said between January and August 2013 alone, a total trade volume of $600 million was recorded, a 31 per cent jump compared to the same period in 2012.
“In addition to that, Malaysian companies had been very active in the construction sector in Brunei comprising 11 main development projects with contracts totaling around $600 million,” he said.
The Permanent Secretary of the Brunei Prime Minister’s Department, Mohammad Abdoh Dato Seri Setia Abdul Salam, said Malaysia was appreciative of the role Brunei had played in the Malaysian economy, with its involvement in projects listed under the National Key Economic Area and the Economic Development Corridors, especially in the tourism, real estate, oil and gas, hospitality and halal product sectors.
Ali Hamsa also pointed out that the recent opening of the Friendship Bridge across Sungai Pandaruan bordering Brunei’s Temburong district and Sarawak’s Limbang district showed how strong the relations were. He added that with this bridge and the Pan-Borneo Highway, it would enhance the social and economic development between the northern Sarawak and southern Sabah regions, as well as Brunei and neighbouring Indonesia.