Spur Sustainable Economic Growth

Bandar seri begawan: Deliberation on the Motion of Wawasan Brunei 2035 underlined the core measures in spurring sustainable economic growth through the Brunei Economic Blueprint. The blueprint supports others blueprints by focusing on five major sectors namely Downstream Oil and Gas; Food Industry; Tourism; ICT; and High Impact Services as the drivers of the nation’s economy.

According to Radio Television Brunei, the Brunei Economic Blueprint outlines strategic initiatives aimed at diversifying the national economy. By identifying and developing these five sectors, the blueprint aims to reduce dependency on traditional economic activities and foster new avenues for economic progress.

The focus on Downstream Oil and Gas seeks to enhance value-added production and increase export potential. In the Food Industry, the blueprint aims to boost local production and promote food security. The Tourism sector is targeted for development to increase international arrivals and boost local businesses.

In the ICT sector, initiatives are set to improve digital infrastructure and support innovation, while the High Impact Services sector is expected to drive growth by enhancing service delivery in areas like finance and logistics. These efforts are part of a long-term strategy to position Brunei as a competitive and resilient economy by 2035.