Hengyi Industries’ oil refinery and petrochemical plant now contributes 10% of Brunei’s GDP annually — with its upcoming second phase potentially increasing this to 30%, through expanded refining capacity and increased petrochemical products.
Hengyi’s Director of General Affairs, Li Peng, sits down with Australian economist Professor Tim Harcourt to explain their operations in Brunei — from product output and economic contribution to future expansion plans.
This interview is part of the Airport Economist’s feature on Brunei, now streaming on tickernews.co, supported by the Australian High Commission to Brunei Darussalam, the Brunei Economic Development Board, Royal Brunei Airlines and the Empire Brunei.
