👉 The Brunei project, also known as the Brunei Economic Development Plan (BEDP), is a comprehensive strategy aimed at diversifying and enhancing Brunei's economy, which has traditionally relied heavily on oil and gas. Launched to address the challenges posed by fluctuating global energy prices and the need for sustainable growth, the project focuses on developing non-oil sectors such as tourism, agriculture, manufacturing, and services. Key initiatives include infrastructure improvements, investments in education and workforce development, and the promotion of foreign direct investment to create a more resilient and diversified economic base. By fostering innovation and entrepreneurship, the Brunei project seeks to position the country as a regional hub for business and tourism, ultimately reducing its dependency on hydrocarbons and ensuring long-term economic stability.
