Big Mora Island Industrial Park

2017-12-13
21

Industry: Industry     Region: Brunei     Transaction Price: Not Disclosed     Transaction Method: Transfer by Agreement


Introduction: As a key development project of the Great Mora Industrial Park, Brunei Economic Development Board sincerely invites qualified enterprises to invest in the development of chemical industrial parks and related downstream industries using methanol, synthetic ammonia, urea, paraxylene, benzene, etc. as raw materials in the Great Mora Island. In addition, the Brunei Economic Development Board also welcomes qualified enterprises to invest in Brunei's chemical industry, such as chlor-alkali (a derivative of caustic soda and chlorine). Brunei's existing methanol plant with an annual output of 850,000 tons, the planned Brunei government-invested synthetic ammonia urea plant and Zhejiang Hengyi Group's integrated refinery and aromatics cracker (PX) will provide sufficient raw materials for this project. In addition, in order to cooperate with the construction of Great Mora, the corresponding infrastructure will also cooperate with the construction.


Details: Grand Mora Industrial Park ("PMB") Total Area: 955 hectares The Industrial Park is 24 km from Brunei International Airport, 4 km from Brunei Mora Port, 90 km (by sea) and 94 km (by land) from Sungai Ridge Industrial Park ("SPARK") Total Area: 271 hectares The Industrial Park is 80 km from Brunei International Airport and 90 km from Brunei Mora Port Preferential policies for the project 1. Tax exemption: Projects can apply for the Pioneer Industry qualification and enjoy tax-free treatment for up to 11 years. If most of the data center and operation center projects are customers from neighboring countries, the project can apply for export-oriented service industries and enjoy a tax exemption policy of up to 20 years. 2. Financing platform: The equity investment institution under Brunei's Ministry of Finance can provide a reliable financing joint venture platform for the project. 3. Government subsidies: After the completion of the investment, if there are new products developed in Brunei while the project is in operation, you can apply for R&D subsidies and enjoy subsidies of up to 5 million yuan. Training grants are available for technical training of local employees. 4. ASEAN Economic Community: As an ASEAN member, Brunei enjoys the trade tax policies of the ASEAN Economic Community. 5. Good infrastructure: Among ASEAN member countries, Brunei's infrastructure is well built, with mature roads, terminals, telecommunications, etc. 6. Preferential price cost: Among ASEAN countries with complete infrastructure, Brunei includes low costs of land, electricity, and water. 7. Relaxed employment policies: Brunei's employment policies are lenient, allowing foreign investors to hire foreign labor under reasonable circumstances. 8. Good geographical location and diverse cultural environment: Brunei is located in the heart of ASEAN and has a good connection between ASEAN and China. Brunei's cultural environment is diverse, with a certain proportion of the Chinese-speaking population. Facilitate communication for Chinese investors. 9. Safe and stable environment: Brunei's safe and stable socio-political economic environment provides protection for investment and investors.