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Interview: China-Brunei joint petrochemical venture contributes to local economy: CEO - World News


2021-01-16 13:35:51 GMT2021-01-16 21:35:51(Beijing Time) Xinhua English
BANDAR SERI BEGAWAN, Jan. 16 (Xinhua) Hengyi Industries Sdn Bhd, a China-Brunei joint venture, has been contributing to the local economy, Chen Liancai, the CEO of the company, told Xinhua on Saturday.
The year of 2020 had been an unprecedented year full of unique challenges for us. We started operation of our petrochemical complex at Pulau Muara Besar Industrial Park (PMB) at the end of 2019, and into 2020 facing an impact of the COVID-19, the CEO said.
Despite the challenges we faced due to the pandemic, we have remained in high operation load for the whole year of 2020, and successfully exported more than 6.38 million tonnes of petroleum products and 1.7 million tonnes of petrochemical products, achieving a sales revenue of up to 3.5 billion U.S. dollars for the whole year, which directly contributed to Brunei s GDP growth in 2020, he said. ....

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Established businesses connecting with MSMEs through DARe LINKS


DARe’s Executive Officer for Market Access Nurkhairunnisa Afiqah explaining DARe LINKS at awareness briefing for potential vendors last month.
Established businesses have saved $30,000 in sourcing costs by advertising their business opportunities for micro, small and medium enterprises (MSMEs) through Darussalam Enterprise’s (DARe) LINKS online portal.
DARe’s Executive Officer for Market Access Nurkhairunnisa Afiqah Haji Mursidi shared at a recent briefing on DARe LINKS that the portal has enabled seven linkages between established or large companies and MSMEs.
81 MSMEs have registered as vendors and 16 large companies have signed on as partners on DARe LINKSsince 2019, which acts as an online directory of business opportunities. DARe is seeking more participation on the portal – which is free for businesses to register and list opportunities on. ....

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