In the beginning of 2017, China and Brunei joined forces in a joint petrochemical venture, resulting in the Hengyi Industries Sdn Bhd. The project is located on a small island close to the Bruneian capital of Bandar Seri Begawan, Pulau Muara Besar (PMB). Under China’s Belt and Road Initiative (BRI), the 3.5 billion US dollar...Continue Reading