Contract Signing Between BINA and SQW China Limited for Kuala Lurah Industrial Estate
29 May 2014
A contract agreement signing ceremony between Brunei Industrial Development Authority (BINA) and SQW China Limited was held today at Setia Pahlawan Hall, Ministry of Industry and Primary Resources Building at Jalan Menteri Besar.
Witnessing the contract signing ceremony is Yang Berhormat Pehin Orang Kaya Seri Utama Dato Seri Setia Awg Hj Yahya Begawan Mudim Dato Paduka Hj Bakar, Minister of Industry and Primary Resources.
Also present were Dyg Hjh Normah Suria Hayati Pehin Jawatan Dalam Seri Maharaja Dato Seri Utama (Dr) Awg Hj Md Jamil Al-Sufri, Permanent Secretary of the Ministry of Industry and Primary Resources; Awg Md Riza Dato Paduka Hj Md Yunos, Deputy Permanent Secretary (Industry and Entrepreneurship Development), MIPR; Hjh Hasnah Ibrahim, Deputy Permanent Secretary (Primary Resources Development), Head of Departments and Divisions, and other Senior Officers from the ministry and BINA.
Prior to the signing ceremony, Md Serudin Hj Tuah led the attendees to recite Surah Al-Fatihah to bless the occasion.
Signing on behalf of BINA is Hj Metassan Hj Abd Salim, Acting Director of BINA and will be witnessed by Hjh Masni Hj Mohsin, Acting Deputy Director of BINA and SQW China Limited will be represented by its Managing Director, Mr Gary Ho and will be witnessed by Kris Li, Consultant of SQW China Limited.
SQW China Limited will provide advisory services covering financial and economic analysis for industries, transport survey and infrastructure planning, urban planning and design services for Kuala Lurah. The proposal will take account of the locality in relation to Malaysia and economic potential of the area in question. Industries with exposures to building and construction with an emphasis on sustainable products, renewable energy and logistics would be preferable.
Kuala Lurah Master Plan is one of the projects being undertaken by MIPR through BINA to streamline industrial zones throughout the country as part of the agency initiatives gearing towards improved and better facilities to attract more investments streaming into the country. Each estate is tailor-made for specific theme such as the Beribi area which is proposed to be Beribi Auto Center and its related activities. The master plans for other industrial estates will be carried out in stages.
Kuala Lurah Industrial Estate is the latest addition to BINA’s portfolio. The total area for Kuala Lurah is one hundred and forty six hectares and is subdivided into three phases. Phase 1 consists of thirty six hectares, Phase 2 covers forty five hectares and for Phase 3, it consists of sixty five hectares.
Located close to the Brunei Darussalam – Malaysia borders, Kuala Lurah has unique advantages. In the very near future, SQW China Limited will carry out survey on the current use of the road, assess and appraise the economic and physical aspects of Kuala Lurah. BINA has received a number of project proposals for Phase 1 and is currently reviewing the proposals. Kuala Lurah Industrial Estate has the potential to be developed as a center for sustainable green industries, logistic and high-value added trading activities.
The master plan will be conducted in three phases within a period of six months. Phase 1 covers project definitions and analysis which covers market analysis and opportunities of the Kuala Lurah within the Asia-Pacific context with an emphasis on the ASEAN economies; Market opportunities identified are recycling facilities, green products and other sustainable production industry; and economic report on suitable opportunities for the Kuala Lurah Industrial Area while Phase 2 SQW China Limited will prepare Concept Master Plan and finally in Phase 3, the consultant will provide the Final Master Plan.
BINA is one of the largest industrial estate providers in the Sultanate. This agency is one of many such bodies under the jurisdiction of the MIPR. Bina currently manages nine estates totaling four hundred and seventy nine hectares in all four districts.
Based on statistics compiled by BINA in 2013, from nine thousand and five hundred people being employed in BINA’s estates, about forty percent are locals and permanent residents. In national level, about ten percent of the indigenous workforce is being employed in BINA’s estates.
Industrial activities in BINA’s sites are divided into eight categories such as manufacturing, hydrocarbon related sectors, services, food, electrical and electronics, and many more. Annually, BINA’s estates contribute four to five percent of Brunei Darussalam’s annual Gross Domestic Product (GDP). Currently, two hundred and fifty two companies are operating in all BINA’s industrial assets.
SQW China Limited is a consultancy company based in Hong Kong with affiliates headquartered in the United Kingdom. SQW China Limited has ongoing and completed work in the Sultanate. Recently, it has completed and submitted the “Review to Formulate a Roadmap and Draft National Master Plan for a Sustainable Land Transport Master Plan for Brunei Darussalam” (LTMP) to Center for Strategic and Policy Studies (CSPS). The LTMP is a Master plan looking at the existing travel conditions and proposes a series of interventions for the future.