Bio-Innovation Corridor (BIC Tungku Agro-Food & Halal Pharmaceutical Special Zone)
Bio-Innovation Corridor (BIC Tungku Agro-Food & Halal Pharmaceutical Special Zone) is a Agro Industrial Park located in Bandar Seri Begawan, Brunei, established in 2014, with Brunei Investment Incentives Order 2001 / National Customs & SEZ Regulatory Authority (Brunei) listed as its governing authority.
Key Facts
| Type | Agro Industrial Park |
|---|---|
| Location | Bandar Seri Begawan, Brunei |
| Year Established | 2014 |
| Area | 500 ha hectares |
| Companies | 176 |
| Governing Authority | Brunei Investment Incentives Order 2001 / National Customs & SEZ Regulatory Authority (Brunei) |
| Status | operational |
Recorded Benefits and Incentives
Corporate tax holiday, 0% import duties on machinery and raw materials, 100% foreign ownership, One-Stop Shop licensing, and unrestricted profit repatriation.
Verify eligibility and current terms with the zone authority.
Recorded Sector Focus
Bio-Innovation Corridor (BIC Tungku Agro-Food & Halal Pharmaceutical Special Zone) is listed with a sector focus including Pharmaceuticals And Biotech, Machinery And Industrial Equipment, and Agro Processing And Food Beverage.
About Bio-Innovation Corridor (BIC Tungku Agro-Food & Halal Pharmaceutical Special Zone)
Bio-Innovation Corridor (BIC Tungku Agro-Food & Halal Pharmaceutical Special Zone) (Koridor Bio-Inovasi Brunei (Taman Industri Halal Tungku)) is a statutory agro industrial park in Bandar Seri Begawan, Brunei-Muara, Brunei (established 2014, 500.0 ha) governed by Brunei Investment Incentives Order 2001 — Pioneer Status (8-to-20 Yr 0% CIT Holiday & 0% Import Duty on Machinery/Raw Materials).
Frequently Asked Questions
What type of zone is Bio-Innovation Corridor (BIC Tungku Agro-Food & Halal Pharmaceutical Special Zone)?
Bio-Innovation Corridor (BIC Tungku Agro-Food & Halal Pharmaceutical Special Zone) is a Agro Industrial Park.
Where is Bio-Innovation Corridor (BIC Tungku Agro-Food & Halal Pharmaceutical Special Zone) located?
Bio-Innovation Corridor (BIC Tungku Agro-Food & Halal Pharmaceutical Special Zone) is located in Bandar Seri Begawan, Brunei.
When was Bio-Innovation Corridor (BIC Tungku Agro-Food & Halal Pharmaceutical Special Zone) established?
Bio-Innovation Corridor (BIC Tungku Agro-Food & Halal Pharmaceutical Special Zone) was established in 2014.
Which governing authority is listed for Bio-Innovation Corridor (BIC Tungku Agro-Food & Halal Pharmaceutical Special Zone)?
SEZ Explorer records Brunei Investment Incentives Order 2001 / National Customs & SEZ Regulatory Authority (Brunei) as the governing authority for Bio-Innovation Corridor (BIC Tungku Agro-Food & Halal Pharmaceutical Special Zone). Confirm its current jurisdiction and remit with the authority.
Which sectors are listed for Bio-Innovation Corridor (BIC Tungku Agro-Food & Halal Pharmaceutical Special Zone)?
Bio-Innovation Corridor (BIC Tungku Agro-Food & Halal Pharmaceutical Special Zone) is listed with a sector focus including Pharmaceuticals And Biotech, Machinery And Industrial Equipment, and Agro Processing And Food Beverage.
Which benefits and incentives are recorded for Bio-Innovation Corridor (BIC Tungku Agro-Food & Halal Pharmaceutical Special Zone)?
SEZ Explorer's current record lists: Corporate tax holiday, 0% import duties on machinery and raw materials, 100% foreign ownership, One-Stop Shop licensing, and unrestricted profit repatriation. Verify eligibility and current terms with the zone authority.