
Brunei Darussalam''s Economic Diversification Drive: An
The chapter aims to provide readers with a background setting of Brunei''s historical development that will further serve to complement understanding of subsequent
Economically, Brunei deepens ties with China through the Belt and Road Initiative (BRI), being crucial as the nation diversifies from depleting natural resources. However, it balances this with robust defence ties to the U., such as joint military exercises and security. Brunei's 2025 was defined by political continuity and technocratic adjustment, but economic growth stalled as softer energy prices and oil and gas maintenance weighed on activity and exposed the limits of diversification. The nation is recognizing the need for diversification, with new opportunities for economic diversification arising such as. Economic activity weakened, and prices remained subdued in 2025 amid disruptions ...


The chapter aims to provide readers with a background setting of Brunei''s historical development that will further serve to complement understanding of subsequent

Brunei Darussalam - Economic Indicators Economic Overview Brunei is an energy-rich sultanate on the northern coast of Borneo in Southeast Asia. Brunei boasts a well-educated, largely English-speaking

Explore Brunei''s economic diversification efforts beyond oil and gas, key growth sectors, and investment opportunities under Wawasan 2035.

March 2021 This chapter should be cited as: Ministry of Energy, Brunei (2021), ''Brunei Darussalam Country Report'', in Han, P. and S. Kimura (eds.), Energy Outlook and Energy Saving Potential in

Brunei''s economy grew stronger in 2024 at 4.2 per cent and is projected to grow at a similar rate in 2025. The key drivers of this growth are the continuing expansion in non-oil-and-gas

Brunei Darussalam''s Economic Diversification Drive: An Assessment of the Socioeconomic and Geopolitical Issues and Challenges. Overcoming Path

Brunei has floating solar potential of ~2.3 GW which presents an opportunity both for use in the electricity grid as well as for green hydrogen production. Adding 500MW of this potential to the grid

Economically, Brunei deepens ties with China through the Belt and Road Initiative (BRI), being crucial as the nation diversifies from depleting natural resources.

Brunei enters 2026 with improving diversification momentum, although the external environment has become more complex. The escalation of tariff measures and retaliatory actions, together with the

Brunei Darussalam already meets several favorable conditions for attracting FDI in the ICT sector. Global evidence indicates that ICT infrastructure, high-quality human capital, a strong and stable

The government emphasizes development in five priority sectors. Brunei Darussalam has started strengthening the 5 priority sectors, downstream oil and gas industries, food, services, tourism, and

The government remains committed to strengthening Brunei''s energy infrastructure to support sustainable economic growth and maintain the nation''s

Energy management principles: To drive Brunei Darussalam''s economy into a sustainable future, Brunei Darussalam supports the implementation of strategies

Foreword by the Chairman I am pleased to introduce the 2025 edition of the Brunei Economic Outlook, a flagship publication of the Centre for Strategic and Policy Studies (CSPS). This report provides an

Diversification of Strategy for Revenue Brunei relies significantly on its hydrocarbon resources, which account for over half of the nation''s income. Brunei''s historical reliance on

These efforts are critical not only to achieving the aspirations of Wawasan 2035 but also to maintaining Brunei''s competitiveness amid a rapidly

Brunei''s 2026 outlook is cautiously optimistic. Its main challenge will be less about stability and more about whether its diversification agenda can gain real momentum before global conditions tighten

2023 was a poor year for Brunei''s economy as the external sector emerged as its biggest weakness. As for 2024, we think growth will accelerate to

The association has expanded over the years with the joining of Brunei Darussalam, Cambodia, the Lao PDR, Myanmar, and Viet Nam. Brunei Darussalam joined ASEAN as its sixth member on 7 January

Brunei''s growth constraints stem from structural and policy factors that limit its long-term development. These include a small domestic market,

Using an institutionalist approach, this chapter presents an assessment of the main issues Brunei faces today for economic diversification.

The outcomes of the CSPS''s ongoing horizon scanning for emerging issues and trends research summarized here are, therefore, preliminary and should be regularly updated. Given the current rate

Finally, reforms should have a dynamic focus and a regular assessment of gains and losses. In the context of the above discussion, the next section considers some interesting features

In 2014, Brunei adopted a strategic plan to achieve 10% share of renewables in the national energy mix by 2035. The plan provides the outline to introduce renewable energy policy and regulatory

Economic developments and outlook Brunei Darussalam is expected to record a negative growth of 1.2 percent in 2022. The weak growth in 2022
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