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The Department of Economic Planning and Statistics (DEPS) [a] is a government department overseen by the Ministry of Finance and Economy (MoFE). The department is in accordance to Wawasan Brunei 2035, it wants to support Brunei's long-term, sustainable economic growth by providing globally-recognised statistical data, implementation of the National Development Plan (NDP), and planning.
Brunei Methanol Company (BMC) is a national petrochemical facility situated at the Sungai Liang Industrial Park (SPARK) in Sungai Liang, Brunei [2] jointly owned by Japan's Mitsubishi Gas Chemical Company (50%), ITOCHU Corporation (25%) and Mirkhas (25%), a company incorporated under the purview of the Strategic Development Capital Fund, a trust sub-fund of the Government of Brunei.
The company, which is majority owned by the Government of Brunei, was founded on 28 October 2013, as part of the nation's growth of downstream businesses in the oil and gas industry. [11] On 26 August 2017, a B$ 1.8 billon contract for the Engineering, procurement, and construction (EPC) of a new fertilizer manufacturing plant was signed ...
It was established immediately upon Brunei's independence from the United Kingdom (UK) on 1 January 1984; 41 years ago (). [2] It is currently led by a minister, and the incumbent is Muhammad Juanda Abd. Rashid [a] who took office since 7 June 2022. [4] The ministry is headquartered in Bandar Seri Begawan, Brunei Darussalam.
The National Development Plan (NDP) or natively known as Rancangan Kemajuan Negara (RKN), is the name assigned by the government of Brunei to a plan designed to carry out Wawasan Brunei 2035 and diversify the economy by putting projects, programs, and initiatives into action. [2]
Brunei has the second-highest Human Development Index (HDI) among the Southeast Asian nations, after Singapore, and is classified as a 'developed country' by the United Nations. [1] According to the International Monetary Fund (IMF), Brunei is ranked fifth in the world by gross domestic product per capita at purchasing power parity .
Robert headed a team of British engineers in this task. PWD has contributed significantly to Brunei's physical growth over the course of a century, as seen by the standards of the infrastructure it has built, including roads, highways, drainage and sewage systems, water supply and conservation, and a variety of public and government buildings. [2]
Brunei, which was the world's ninth-largest liquified natural gas (LNG) exporter in 2013, [5] also created a joint venture with the Malaysian oil company, Petronas, to build a natural gas liquification plant in British Columbia, Canada. The move would give PetroleumBRUNEI new and additional expertise in the LNG industry.