FDI growth over time – As per the Department of Economic Planning and Statistics, in the year 2020 the FDI flows amounted to about $198.9 million, whereas the FDI Stock amounted to $7.2 trillion. In the same year, FDI flows reduced from the previous year by about 38.9%, whereas FDI stock increased by 0.37%
FDI by region – As per the Department of Economic Planning and Statistics, FDI has been divided into 3 regions. The regions are the ASEAN, the European Union and other remaining countries. With respect to FDI stock, the European Union has consistently been the highest contributor to the FDI, followed by the other countries. In the year 2019 the FDI stock by the European Union stood at 5,609 BND million. FDI flows for the European has consistently been negative from 2016-19. The highest contribution in the year 2019 was by a single country was by United Kingdom, which stood at 4136.5 BND million.
FDI by Country – As per the Department of Economic Planning and Statistics, in 2019 United Kingdom was biggest contributor to the FDI Stock of the country, having a share of about 41% of the FDI Stock at 4,136 BND million. This followed by Hong Kong at 27% and Netherlands at 14%. In terms of FDI Flows, Hong Kong is the biggest contributor, contributing about 56% of the total FDI Flows.
Top Invested Sectors – The Department of Economic Panning and Statistics, categorizes FDI by economic activity. Between the years 2017-2019 manufacturing has contributed a major chunk of the FDI flows, having contributed about 648 BND million in the year 2019. In terms of FDI Stock, Mining and Quarrying has consistently been the highest contributor in the last 5 years. In the 2019 it contributed about 4,816 BND millions, followed by Manufacturing which contributed about 3,299 BND million.
Special Economic Zones – Brunei doesn’t have a Special Economic Zone yet. A Memorandum of Understanding was signed to set up a strategic public-private partnership (PPP) for the development of a Special Economic Zone in Brunei Darussalam. The MoU was signed between CFLD (Singapore) Investment Pte Ltd, the government of Brunei Darussalam and Darussalam Assets Sdn Bhd (DA) on May 3. The parties will jointly co-invest and develop a Special Economic Zone – an area spanning approximately 40-square kilometres in the Jerudong waterfront and Tungku region to be developed under Chine Fortune Land Development International’s flagship new industry city model. In 2019 Brunei decided to not rush the planned special economic zone following financial problems faced by its proponent
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