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 said the launch of Brunei Fertilizer Industries Sdn Bhd’s (BFI) new plant represents a continued commitment by the government to strengthen the nation’s economy.
“This development will grow as well as diversify the economy while reducing the dependency on the oil and gas (O&G) industry.
“BFI has achieved several milestones since its establishment in 2013,” added the monarch.
The milestones included the production of over 631,000 metric tonnes of urea fertiliser since January 2022 and 556,000 metric tonnes exported resulting in revenue totalling USD322 million.
His Majesty said, “BFI has 161 local officers and staff accounting for 66 per cent of the total workforce. They also receive training from local and international institutions of higher learning on the ammonia and urea manufacturing environment.”
The monarch expressed confidence that BFI will continue to play an important role in furthering the aspirations of the government and nation.
“This is in line with Brunei Vision 2035, to have BFI be a platform to create more business opportunities beyond the oil and gas industry.”
His Majesty delivered the titah during the launch of a new plant at BFI at Sungai Liang Industrial Park (SPARK) Centre, Lumut yesterday.
Brunei Fertilizer Industries Sdn Bhd (BFI) is a world class manufacturer for high quality urea granular fertiliser situated in Brunei Darussalam. BFI’s state of the art facility has a production capacity of 1,365,000MT of UREA per year making it one of the largest fertiliser plants in the Southeast Asia region.