Brunei Objectives BioInnovation Corridor (BIC) BioInnovation Corridor is an initiative, in the Brunei-Muara…

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  • The BioInnovation Corridor is an initiative, in the Brunei-Muara District, led by the Ministry of Industry and Primary Resources (MIPR) of The Government of Brunei Darussalam.

    The Halal Industry Innovation Centre (HIIC), has been established to promote the development of Halal Certied Industries in Brunei Darussalam.

    (MIPR)

    (HIIC)

    The BioInnovation Corridor intends to:

    develop an internationally renowned Halal-themed industry park as part of the wider economic diversication strategy;

    accommodate research and innovative technology applications;

    build on and support the development of the Brunei Halal brand;

    create a lively and mixed use environment; generation of employment opportunities.

    Objectives

    bicpark.com

    Brunei BioInnovationCorridor (BIC)

    Prime Ministers OceJalan Perdana MenteriBandar Ser i Begawan BB3913Brunei DarussalamT: +673 8111 385 | F: +673 2221 080

    Energy and Industry DepartmentHong Kong 12th Floor, Yue On Commercial Building3 8 5 - 3 8 7 L o c k h a r t R o a d , H o n g K o n g 3 8 5 - 3 8 7 1 2 T: +852 2366 8160 | F: +852 2366 9316

    China No 9, Hezuo Road, Qingxiu Distr ict Nanning City 9

    Brunei CSPS Bui ld ing, S impang 347Jalan Pasar Baru, Gadong BE1318Brunei Darussalam

    T: +673 2445 841, +673 2445 842

    SQW China Limited

    C o n t a c t I n f o r m a t i o n

    Copyright 2016 SQW China Limited. All rights reserved. This material may not be reproduced, displayed, modied or distributed without the express prior written permission of the copyright holder. For permission, contact SQW China Limited.

    Disclaimer This document is provided for general information only and nothing contained in the material constitutes a recommendation for the purchase or sale of any asset.

    Although the statements of fact in this document are obtained from sources that SQW China Limited considers reliable, we do not guarantee their accuracy and any such information may be incomplete or condensed.

    Also views expressed in this document are based on research materials available from source considered reliable. Views are subject to changes on the basis of additional or new research, new facts or developments. The investment risks are not purported to be exhaustive, any interested parties should seek independent advice on the suitability.

  • The Masterplan for the BioInnovation Cooridor measures 466 hectares and is strategically located to the northwest of Bandar Seri Begawan, the cultural, economic and political capital of Brunei Darussalam.

    466

    The Masterplan

    Brunei Darussalam has established a number of trade agreements. In addition, Brunei Darussalam is one of the four founding Signatory Members of the Trans-Pacic Strategic Economic Partnership Agreement (TPSEP).

    Being a member of ASEAN, Brunei Darussalam also has a number of related Free Trade Agreements: AANZFTA ASEAN Australia New Zealand

    Free Trade Agreement; ASEAN China Free Trade Agreement; ASEAN Japan Free Trade Agreement, and; ASEAN Korea Free Trade Agreement.

    (TPSEP)4

    Free Trade Agreements

    TUTONG - MUARA COASTAL HIGHWAY

    JERUDONG

    BRUNEI INTERNATIONAL AIRPORT

    GADONG

    PULAUMUARABESAR

    BRUNEIBAY

    MUARA PORT

    0 2.5 5 km

    BIOINNOVATION CORRIDOR

    SOUTH CHINA SEA

    BANDAR SERI BEGAWAN

    The Site Context of BioInnovation Corridor

    The BioInnovation Corridor has excellent access to high quality infrastructure with dedicated access to the Tungku Link highway. Traveling time to the Brunei International Airport (BWN) is no more than 10 minutes and the Muara Container Port is no more than 30 minutes.

    (Tungku)(BWN)10(Muara)30

    Excellent Infrastructure

    The BioInnovation Corridor intends to provide approximatley 30 % of land would be earmarked for industrial usage.

    25 % of the land would be allocated for green space. A major botanical garden is planned to be located within the BioInnovation Corridor.

    Another signicant feature is the Research & Development facilities, where in particular, the headquarters of the Halal Industry Innovation Centre (HIIC) would be the focal point.

    30%25 %

    (HIIC)

    BioInnovation Corridor isthe centre of industries and R&D

    (HIIC)

    SOUTH CHINA SEA

    PANTAI TUNGKU

    UNIVERSITIBRUNEI DARUSSALAM

    JERUDONGINTERNATIONALSCHOOL

    BUKIT SHAHBANDARFORESTY RECREATIONAL PARKS

    ARMANDAEXECUTIVE HOUSING

    RIMBA

    TUTONG -MUARA COASTAL HIGHWAY

    JALAN RAKYAT JATI RIMBA

    JALAN PDS

    THE EMPIRE

    0 0.5 1km

    Legend

    PRIMARY ROADS

    MINOR ROADS BIC BOUNDARY BIC

    BOTANICAL GARDEN

    ENTREPRISES + BUSINESS SECTORS

    RESIDENTIAL DEVELOPMENT

    URBAN FRAME RESEARCH & DEVELOPMENT

    RAPID TRANSIT LINK

    GREEN LINKS

    TRANSIT STATIONS

    LOCAL CENTRES

    MAJOR CENTRES

    TRANSIT CENTRES

    WATER FRONT ATTRACTIONS

    The Master Plan Vision of BioInnovation Corridor

    Sufcient Electricity at Phase 1 is provided by the Berakas Power Management Company (BPMC).

    (BPMC)

    Utilities Electricity

    A number of tax incentives are already in place and more are expected to roll out in the future.Currently, Brunei Darussalam has: No general sales tax No personal income tax No investment gain tax Pioneer Status (for tax relief) - extension of

    tax-free status (from 5 to 11 years and extendable) for companies investing in sectors with potential in Brunei Darussalam

    () -

    (511)

    Business Environment

    Piped water is provided by the Department of Water Services, and sewerage is provided by the Department of Drainage and Sewerage.

    The Drinking Water Quality Guideline (1993) in Brunei Darussalam follows the guideline set by the World Health Organisation (WHO).

    (WHO)1993

    Utilities WaterPhase 1 of the BioInnovation Corridor is currently being marketed to prospective

    investors.

    Phase 1 consists of 37 hectares, subdivided into 25 plots. For international investors and industry players to operate from Phase 1 of the BioInnovation Corridor.

    3725

    Phase 1

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