Brunei

Philippines

Brunei's Hopes for BIMP EAGA

    In his titah at the BIMP-EAGA Leaders Meeting, His Majesty welcomed the convening of the first ever BIMP-EAGA Leaders Meeting and noted its achievements in various sectors such as transportation, telecommunication services and tourism. The leaders were in Brunei to discuss BIMP-EAGA activities and cooperation as well as the future direction of BIMP-EAGA.

    His Majesty stressed on the need to restore confidence on safety and security in the area in order to attract more business and investment into the region. In this regard, His Majesty welcomed the convening of a BIMP-EAGA Workshop on Security to be led by the Philippines.

    His Majesty said that with its ample natural resources, the BIMP-EAGA needs to come up with new, attractive and better initiatives than those of the ASEAN. He also stated that the BIMP-EAGA region should focus on high-value added agro-industry, natural resource-based manufacturing as well as opening attractive tourist destinations within ASEAN

    On the four identified priority areas namely Infrastructure and Transportation; Small and Medium Enterprises (SMEs) Development; Tourism and Natural Resources Development, to revitalize business activities in the BIMP-EAGA region, His Majesty urged ministers and officials to work towards deepening and broadening these areas. He emphasized on the need to continue to strengthen cooperation in the BIMP-EAGA region in order to accelerate the social-economic development and alleviate the living standards of the people in the region.  With the strong commitment for cooperation, His Majesty believed that BIMP-EAGA would create an attractive, new and vibrant destination for trade, investment and tourism in the region.

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