The BEDB is developing SPARK located on a 271 hectare site at Sungai Liang as a world class petrochemical hub.
The first major investment at SPARK is the USD 450 million Methanol Plant developed by the Brunei Methanol Company (BMC), a joint venture between Petroleum Brunei and two leading Japanese companies, Mitsubishi Gas Chemical and Itochu.
Construction of BMC’s Methanol Plant is complete and is scheduled to commence operations in April 2010. Construction of the Single Point Mooring System is also complete and will facilitate the transport of Methanol exports direct to offshore tankers.
Besides Methanol, the BEDB is evaluating a number of proposals from foreign investors for other petrochemical projects in SPARK.
A WORLD CLASS PETROCHEMICAL HUB
The Sungai Liang Industrial Park (SPARK) is one of the BEDB’s key initiatives in accelerating the nation’s economic growth and expanding the employment opportunities for its people. Strategically located beside Brunei’s well established oil and gas industry, this 271-hectare site is ideally positioned to flourish as a world class petrochemical hub. Aptly named SPARK, the Sungai Liang Industrial Park was initiated by the BEDB in its efforts to extend the value chain of the oil and gas industry in Brunei Darussalam. As home for petrochemical investment, SPARK will offer its tenants accessible, high-end facilities and extensive infrastructure in a business-friendly environment.
SUNGAI LIANG AUTHORITY
SPARK is administered by the Sungai Liang Authority (SLA), a body corporate established by His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam to support the development of a globally competitive industrial and petrochemical hub. The SLA provides a single-point of access for timely approvals and other administrative processes required by investors at SPARK. Through its innovative industrial management solutions, the SLA aims to foster a business-friendly environment to support the business activities of local and international investors.
INFRASTRUCTURE WORKS
The SLA is currently developing the following infrastructure works at SPARK:
SPARK Zone Village – a Single Point Access Administration Hub that houses amenities and facilities such as conference and meeting rooms, open office spaces for rent, a multipurpose hall, an exhibition hall, banks, pharmacy, eateries and retail shops
Security Fencing around the perimeter of SPARK with a high security guard post, closed-circuit television (CCTV) and radio frequency identification (RFID).
Dual and Single Carriageways for ease of traffic flow within SPARK.
Service Corridors for connection to utilities.
Storm Water Drainage System for wastewater discharge; and
Street Lightings for a well lit industrial park.
THE BRUNEI METHANOL COMPANY
SPARK’s first tenant is the Brunei Methanol Company (BMC), a joint venture between Petroleum Brunei and two leading Japanese companies, Mitsubishi Gas Chemical and Itochu Corporation. The USD 450 million Methanol Production Plant being developed by BMC marks the first major investment at SPARK and has a targeted production capacity of 2,500 metric tonnes per day (or 850,000 MT per year). Construction of the Plant is complete and it is expected to start commercial operations in April 2010.
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