His Majesty Sultan Haji Hassanal Bolkiah Mu'izzaddin Waddaulah ibni Al-Marhum Sultan Haji Omar 'Ali Saifuddien Sa'adul Khairi Waddien, Sultan and Yang Di-Pertuan of Brunei Darussalam, yesterday afternoon received in audience Mr. Qiu Jianlin, Chairman of the Zhejiang Hengyi Group and Hengyi Industries Sdn. Bhd.
Hengyi Industries Sdn. Bhd. is a joint venture between the Government of His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam via the Strategic Development Capital Fund, and the Zhejiang Hengyi Group from the People's Republic of China. With an investment of 3.445 billion US Dollars, the project is the largest foreign direct investment in Brunei Darussalam. Hengyi Industries commenced construction of its refinery plant in 2017 and started production in November 2019. Through its megascale production of petrochemicals, Hengyi Industries strives to contribute towards Brunei Darussalam's long-term economic growth and social development, consequently setting a solid foundation towards the achievement of Wawasan Brunei 2035.
To date, Hengyi Industries has created job opportunities for some 666 Bruneians, and business opportunities for 59 local small and medium enterprises, SMEs, in various fields including engineering, catering, transportation and logistics. In addition, Hengyi Industries has offered 203 scholarships to Bruneians to further their studies overseas since 2014, in which 68 scholars who have graduated are currently employed by Hengyi Industries. The Audience Ceremony took place at Istana Nurul Iman. Also present were Yang Berhormat Dato Seri Setia Dr. Awang Haji Mohd. Amin Liew bin Abdullah, Minister at the Prime Minister's Office and Second Minister of Finance and Economy; Yang Berhormat Dato Seri Setia Dr. Awang Haji Mat Suny bin Haji Md. Hussein, Minister of Energy; Dato Seri Paduka Awang Haji Matsatejo bin Sokiaw, Deputy Minister of Energy; and Mr. Chen Lian Cai, Chief Executive Officer, Hengyi Industries Sdn. Bhd.
At the audience ceremony, His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam and the Chairman of the Zhejiang Hengyi Group and Hengyi Industries Sdn. Bhd., among other things, touched matters related to the development of the Pulau Muara Besar Oil Refinery and Petrochemical Plant, as well as its contribution to the national economy and generation of business and employment opportunities for locals.
Source: Radio Television Brunei