Brunei Pushes Forward on Sustainable Growth and Green Investment

Brunei’s transition towards a more sustainable and diversified economy will require stronger collaboration between government, industry and innovation, Yang Mulia Dato Seri Paduka Haji Khairuddin bin Haji Abdul Hamid, Deputy Minister of Finance and Economy (Economy), said during his keynote address at the Brunei Sustainable Economy Forum 2026. The session highlighted growing momentum in renewable energy, sustainability initiatives and public-private partnerships as Brunei advances its long-term green economy ambitions under Wawasan 2035.

Key Takeaways

• Stronger collaboration between government, industry and innovation will be critical in accelerating Brunei’s green economy transition.

• Sustainability and economic growth must progress together to support long-term resilience and diversification.

• Projects such as the Kampung Belimbing solar plant and Hengyi’s Project SINAR reflect growing momentum in renewable energy and energy transition efforts.

• Public-private partnerships (PPPs) were highlighted as key to mobilising investment, technology and expertise.

Aligning Growth with Sustainability

Speaking at the forum themed “Unlocking Green Growth: Industry, Finance and Digital Innovation,” Dato Khairuddin highlighted how sustainability and economic growth must progress hand-in-hand under the Economic Blueprint for Wawasan 2035. He stressed that Brunei’s future growth must be “both economically dynamic and environmentally sustainable,” supported by investment, innovation and stronger public-private collaboration.

Growing Momentum in Renewable Energy

Dato Khairuddin also highlighted several ongoing sustainability initiatives, including the 30-megawatt solar power plant at Kampung Belimbing and Hengyi Industries’ Project SINAR at Pulau Muara Besar. While acknowledging the progress made, he noted that achieving Brunei’s target of 30% renewable energy by 2035 will require faster execution, greater scale and stronger collaboration with the private sector and international partners.

Strengthening Public-Private Partnerships

The Deputy Minister stressed the importance of more structured and outcome-driven public-private partnerships (PPPs) to accelerate technology transfer, mobilise investment and connect Brunei to regional and global value chains.

The forum, organised by the ASEAN and APEC Business Advisory Councils of Brunei Darussalam, brought together policymakers, industry leaders and financial institutions to explore opportunities in renewable energy, carbon capture, hydrogen, sustainable industries and green financing, while strengthening dialogue on Brunei’s transition towards a resilient and sustainable economy.

Further Reading:

• Baiduri Bank Finances Brunei’s Largest Solar Project

• Economic Blueprint for Wawasan 2035

• Hengyi Industries Launches Project SINAR in Pulau Muara Besar