OPPORTUNITIES IN BRUNEI DARUSSALAM’S AVIATION MAINTENANCE
- Maintenance, Repair & Overhaul (MRO)
- Airframe MRO- component, engine & landing gear
- Flight Crew Training Academy
- Manufacturing, Distribution & Aviation Research Development Facilities
WHY BRUNEI DARUSSALAM FOR YOUR INVESTMENT IN AVIATION MAINTENANCE?
The BEDB has identified aviation maintenance as a potentially attractive niche in its economic diversification efforts. The burgeoning low cost carriers, coupled with aircraft refleeting and acquisitions by legacy carriers in the region, including state-owned Royal Brunei Airlines, marks a foreseeable demand for aviation related activities in the near future. Airlines continue to outsource their maintenance activities outside of their organisation, further substantiating the demand for maintenance related activities for many carriers.
BRUNEI DARUSSALAM'S COMMITMENT TO AVIATION MAINTENANCE DEVELOPMENT
In an effort to bolster aviation related activities, the aviation cluster and all of its supply chain activities may enjoy tax breaks of up to eleven years or more under the Investment Incentives Order 2001. There is no restriction on investor ownership so companies may be 100% foreign-owned. There is no income tax, capital gains tax or manufacturing tax in Brunei and utility rates and labour costs are considered one of the cheapest in the region. The absence of industrial union associations makes Brunei an attractive destination for major international corporations.
There is readily available infrastructure in the form of modern and well equipped industrial hangar space at the Brunei International Airport. The BEDB is prepared to collaborate, facilitate and invest in infrastructure development and site allocation for hangar construction, backshop and training facilities for potential investors contemplating on setting up an MRO or a Flight Crew Training Academy in Brunei. The national carrier, Royal Brunei Airlines also has a plethora of available qualified workforce and technical expertise for aircraft maintenance and overhaul services.
FOR MORE INFORMATION: Royal Brunei Airlines |