2021-03-13 17:05:30 GMT2021-03-14 01:05:30(Beijing Time) Xinhua English
BANDAR SERI BEGAWAN, March 13 (Xinhua) Hengyi Industries Sdn Bhd, a petrochemical joint venture between Brunei and China, signed a Memorandum of Understanding (MoU) on Saturday with a local vocational institute here, which is another key step in bilateral education cooperation and human resources development.
Hengyi Industries is a joint venture between China s Zhejiang Hengyi Group and Damai Holdings, a wholly-owned subsidiary under the Brunei government s Strategic Development Capital Fund, owning 70 percent and 30 percent of the shares, respectively.
The signing of MoU with Politeknik Brunei (PB), a local vocational education institute, was witnessed by Yu Hong, Chinese ambassador to Brunei and three ministers from the Brunei government, namely Haji Mohd Amin Liew, minister at the Prime Minister s Office and second minister of finance and economy; Haji Mat Suny, minister of energy and Haji Hamzah,