The economic policy. At present, the Government is trying to develop other economic sectors, in order to change from economic dependence on oil and gas primarily to the economic structure, more diverse. Due to the expected volume of oil reserves has been confirmed (proven reserve) of Brunei Darussalam will be out for approximately a year 2558 to recession in Asia since the year 2543 makes urgent structural economic reform, Brunei, and use various measures to create economic diversity are:1. the establishment of the Council of economic advisors. Led by Mohan, Prince Hotel ม็ด Bo lakia The Minister of Foreign Affairs, with the guidelines in order to encourage the private sector has a greater role in economic development.2. adjust the economic structure. The emphasis on welfare policy to promote foreign investment and State enterprises processing by providing the private sector came to participate more and expand the tax base.3. modify the strategy to invest in overseas investment by the turn of the BIA in new businesses with low risk, such as buying shares in the group, the information technology and telecommunications, or airline business.4. According to the plan, developed countries, vol. 8 (The Eighth National Development Plan: the 8th NDP) operated during the year 2544 (2001)-2548 (2005) Brunei's Government has set a target growth rate of the gross domestic product (GDP) at 5-6%, with an emphasis on balancing the budget, and measures to develop sustainable economic and reconstruction. Create an expanded and strengthened, with the oil and gas industry. As well as the development of various industries, as economic and social development and human resources, as well as small and medium-sized industries. Expand the cooperation between the public and private sectors, some State enterprises processing and build strength in the financial system and financial. It is also based on the concept of good governance systems (Good Governance), and focuses on enhancing the strength of the private sector.5. promotion of investment, together with the support of international trade liberalization and the creation of an atmosphere conducive to investment facilitates further investment both within and abroad.6. the development of the country as a center of Commerce and tourism (for Trade and Tourism Hub Service – SHuTT 2003 Vision), and set a goal to become the most important cargo in Southeast Asia, which is one of the targets in the project is the cooperation of Brunei Indonesia Malaysia Philippines Group – East ASEAN Growth Area (BIMP-EAGA)7. strengthen the financial system to revive the economies of the country's economic development and project and basic utilities and development plans of the countries to the international financial center (Brunei International Financial Center: BIFC) to develop an international financial service provider. Distributing the economic diversity and create an opportunity to work with people.In addition The Government is also promoting the development of the private sector, which is considered the backbone to the country's economic goals. Investment Incentive Act by legislation (1975) and has established a Ministry of industry and resources (Ministry of Industry and Primary Resources) 2532. The Government aims to attract investment from abroad. By the investment benefits for an unforgettable business throughout the cycle. Since founder range growth saturation range and range expansion by industrial activity can be divided into four categories, namely.1. the industries related to food security, national.2. industry for the domestic market.3. the use of resources within the country and to export markets.Industrial policy-related matters is people. The owner of the business The Government's support and facilities remain open and flexible for all types of industrial activities and continue to use the guidelines to manage as possible. Policy ownership of joint venture Allow 100% foreign shareholders. shareholders and minority shareholders, according to the type of industry and the situation only activities related to food security, national and local resources that still must be shareholders in the country. Industrial parts for the domestic market are not associated with national food security and to international export 100% of the shares. Brunei, with the creation of the stability of the natural environment, such as pollution-free and contains all required balancing ecological because the Government upheld the philosophy of sustainable development so that the industry produces all types of pollution will be banned and the selection criteria, the industry is affecting the environment.
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