BRUNEI DARUSSALAM | INDONESIA | MALAYSIA | PHILIPPINES
EAST ASEAN GROWTH AREA
Fully Supported and Recommended by
OIL & GAS SECTOR
IN THE BIMP-EAGA REGION
BIMP-EAGA Investment Opportunities in Corridor Value Chains
Matching local priority industries.
There are 12 priority industries identified by provincial or state governments along the two corridors (West Borneo Economic Corridor and Greater Sulu-Sulawesi Economic Corridor) having a large potential for success as corridor-wide value chains, specifically from increased competitiveness, complementarities, cost efficiencies, employment generation, and increased access to inputs and markets. They included amongst the many other industries; crude oil and gas extraction and petrochemicals.
In addition to the 12 priority industries already identified by provincial or state governments along the two corridors, an additional 8 industries were identified as having a large potential for success as corridor-wide value chains. In the West Borneo Economic Corridor, the rank order of industries with the highest expected impact from cross-border value chains occurs in, amongst others; are electricity and gas. In the Greater Sulu-Sulawesi Economic Corridor, the highest expected impact from value chains occurs, amongst others: are in manufactures of refined oil products, gas and electricity.
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Value Chains Based on Local and National Priorities
Each BIMP-EAGA member state and province along the West Borneo Economic Corridor has put forward a set of priority industries, amongst other industries; and they are as follows:
Brunei Darussalam’s priority industries: Oil and Gas-based petrochemicals
Indonesia’s priority industries in West Kalimantan: Oil and Gas
Malaysia’s priority industries in Sabah: Oil and Gas
Malaysia’s priority industries in Sarawak: Oil based Industries
For the Greater Sulu-Sulawesi Economic Corridor, each BIMP-EAGA member country has recently presented its priority industries for their subregional interests and the potential corridor value chain, amongst others; are:
Indonesia’s priority industries in North Sulawesi: Oil and Gas
Malaysia’s priority industries in Sabah: Oil and Gas
Corridor-Wide Value Chain Potential
Given the existing priorities within each province or state along the West Borneo Economic Corridor, there are several industries or sectors having a high degree of cross-border or corridor-wide potential for supply or value chain investments; amongst the many others are:
Crude Oil and Gas extraction and petrochemicals industries - Brunei Darussalam – West Kalimantan – Sabah – Sarawak
For the Greater Sulu-Sulawesi Economic Corridor, the main priority-based industries having cross-border or corridor-wide investment potential for supply or value chains, amongst the many others are:
Crude Oil and Gas extraction and petrochemicals industries - Sabah – North Sulawesi
