Diverse Industries Represented in Brunei Delegation
The Indian Economic Trade Organization (IETO) recently led a 25-member delegation to Brunei, a growing hub for economic collaboration within ASEAN. The delegation represented a wide spectrum of industries, including pharmaceuticals, medical technology, shipbuilding, wellness centers, renewable energy, coffee supply, edu-tech, and health-tech, among others. This mission marked an opportunity to connect Indian expertise with Brunei’s growing appetite for innovation and global partnerships.
B2B Meetings with the Brunei Economic Development Board (BEDB)
The delegation was welcomed by the Brunei Economic Development Board (BEDB), which organized comprehensive B2B meetings to facilitate collaboration between Indian and Bruneian enterprises. Attendees from both nations engaged in dialogues to explore avenues for cooperation in industries like marine development, renewable energy, and healthcare innovation. The BEDB’s facilitation of these engagements underscores Brunei’s forward-thinking approach to fostering bilateral trade relations.
Commenting on the visit, Mr. Daniel Leong, CEO of BEDB, said, “Brunei is committed to fostering meaningful partnerships with India, a country that has proven its strength in innovation and industry. We see great potential in collaborating across sectors such as renewable energy, technology, and wellness.”
Brunei’s Leadership Shows Commitment to Trade Relations
During the delegation’s visit, Dato Dr. Amin, a prominent figure as Minister of Finance and Economy, Minister at the Prime Minister’s Office, Chairman of BEDB, and Bank Islam Brunei Darussalam (BIBD), graced the delegation’s dinner meeting. His presence was a profound testament to Brunei’s openness toward Indian businesses.
Speaking at the event, Dato Dr. Amin remarked, “Brunei welcomes the expertise and innovation that Indian businesses bring. We are dedicated to creating an environment that fosters collaboration and mutual growth. This delegation marks a new chapter in our partnership with India.”
Brunei: The Next Big Opportunity for Indian Enterprises
Brunei has evolved into a strategic hub for businesses seeking entry into ASEAN markets. The nation’s growing emphasis on sustainability, technological innovation, and industry diversification presents a unique advantage for Indian companies. From renewable energy solutions to edu-tech advancements, Brunei is actively seeking collaborations that align with its progressive vision, making it a compelling destination for Indian businesses.
Reflecting on the visit, Dr. Asif Iqbal, President of IETO, stated, “Brunei’s willingness to embrace Indian businesses and its forward-thinking leadership make it a remarkable destination for trade expansion. The warmth and commitment shown by Brunei’s leaders and the BEDB team have set the stage for long-term economic cooperation.”
A Commonwealth Event to Spotlight Brunei
The India Commonwealth Trade Council is planning a major event in Brunei in May 2025, which will bring global attention to the country’s burgeoning trade opportunities. Delegates from around the world will gather to explore Brunei’s offerings, further solidifying its position as a key player in ASEAN trade networks. This event is expected to showcase Brunei’s diverse industries, innovative capabilities, and unparalleled hospitality, opening doors for businesses across the Commonwealth.
How to Participate
If you’re eager to discover the untapped potential of Brunei and explore partnerships across sectors, don’t miss the Commonwealth event in May 2025. Get in touch with the IETO team for more details on participation and opportunities.
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Brunei is paving the way for stronger international ties—seize this moment to grow with it.
