OUR VISION

To establish sustainable socioeconomic development by leveraging economic development spin-offs, fostering job creation, and nurturing self-employment opportunities. Through the development of robust soft and hard infrastructures, we aim to uplift both Muslim and non-Muslim communities in the ASEAN Economic Community (AEC) and drive progress towards a thriving halal economy.


We envision a future where economic growth serves as a catalyst for positive social transformation, improving the lives of individuals and communities alike. By fostering an inclusive environment that supports entrepreneurship, innovation, and skills development, we aim to create a diverse range of employment opportunities, empowering individuals to contribute actively to the socioeconomic fabric of our society. Central to our vision is the development of comprehensive soft and hard infrastructures. These infrastructures encompass educational and vocational training programs, access to financial services, advanced technological systems, transportation networks, and other essential facilities that enable individuals and businesses to thrive. Our aim is to provide a solid foundation for economic activities, ensuring equitable opportunities for both Muslims and non-Muslims to participate in and benefit from the halal economy.


By promoting collaboration, knowledge sharing, and inclusive growth, we aspire to position the AEC as a leading hub for halal economic activities. Through sustainable socioeconomic development, we seek to enhance the well-being and prosperity of individuals, foster social cohesion, and contribute to the overall advancement of the region. Our vision is underpinned by our commitment to ethical practices, social responsibility, and the preservation of cultural diversity. By embracing the principles of sustainability, inclusivity, and economic empowerment, we strive to create a future where the halal economy serves as a driving force for shared prosperity and harmonious coexistence within the ASEAN region.

OUR MISSION

To drive the development of the halal economy by leveraging Brunei's unique position as the only country in ASEAN and BIMP –EAGA to implement Syariah Law. Through strategic collaboration with regional partners and the establishment of the Special Halal Economic Zones (SHEZ), we aim to create essential products on the global value chain and capitalize on the standards and policies set by the Brunei-Malaysia-Indonesia-The Philippines-East ASEAN Growth Area Vision 2025 and MABIMS the informal Annual Meeting of Religious Ministers of Islamic countries in ASEAN consist of Brunei Darussalam, Republic of Indonesia, The Department of Islamic Development Malaysia (PMO) and Islamic Council Republic of Singapore providing Islamic guidance and references mainly for the Islamic countries and minority Muslims in the countries in ASEAN region on Social, Economic and Welfare.

 
Our primary objective is to establish Brunei Bay as the inaugural SHEZ, serving as a catalyst for economic growth and attracting investments in halal-related industries. Additionally, we aim to expand the reach of SHEZs to strategic locations across BIMP EAGA and the ASEAN region, creating a network of interconnected halal hubs that foster trade and collaboration by adopting the principle of Environment Social and Governance.

 
We recognize the importance of international trade agreements and their potential impact on the halal economy. Thus, we are committed to comprehending and harnessing the benefits of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CP-TPP) as a gateway for the sustainable development of the halal economy. 

Through our endeavors, we strive to position the halal economy as a significant contributor to regional prosperity, job creation, and socio-economic development. By promoting ethical practices, ensuring compliance with Syariah Law, and fostering a conducive environment for business growth, we aim to establish the BIMP EAGA region and ASEAN as globally recognized centers for halal products and services.

CAPITALIZING BIMP-EAGA VISION 2025

Driving Economic Growth through Halal Economy Development

BIMP-EAGA Vision 2025 is a comprehensive policy framework aimed at promoting robust economic growth in the region. As part of this vision, our strategic initiative is to position the EAGA region as a prominent economic platform for advancing the Halal Economy. Spearheaded by the private sector, International H (Halal) Trade Hub & Services Sdn Bhd (IHTHS) takes the lead in branding the East ASEAN Growth Area (EAGA) region as an International Halal Trade Hub, with a strong focus on Shariah-compliant value stream and trade services. Additionally, IHTHS actively promotes the ASEAN Economic Community (AEC) as an ideal platform for industry development and production base for the Global Islamic Market.

BIMP-EAGA Vision 2025 is a comprehensive policy framework aimed at promoting robust economic growth in the region. As part of this vision, our strategic initiative is to position the EAGA region as a prominent economic platform for advancing the Halal Economy. Spearheaded by the private sector, International H (Halal) Trade Hub & Services Sdn Bhd (IHTHS) takes the lead in branding the East ASEAN Growth Area (EAGA) region as an International Halal Trade Hub, with a strong focus on Shariah-compliant value stream and trade services. Additionally, IHTHS actively promotes the ASEAN Economic Community (AEC) as an ideal platform for industry development and production base for the Global Islamic Market.

IHTHS with its regional strategic partners (IHTHS Team) will actively advocate for the ASEAN Economic Community (AEC) as a key driver for industry growth and a production base for the global Islamic market. By fostering collaboration and cooperation among ASEAN member states, IHTHS Team will contributes to the development of a robust ecosystem that supports the expansion of Islamic industries and production capacities. This concerted effort strengthens the region's position as a key player in the global Halal market, fostering economic growth and attracting investment opportunities.

Through its comprehensive approach, IHTHS plays a crucial role in implementing the BIMP-EAGA Vision 2025 and realizing its economic objectives. By leveraging the private sector's expertise and leadership, IHTHS Team will drives the development of the Halal Economy in the EAGA region, facilitating trade, promoting value-added services, and positioning the region as a hub for Shariah-compliant businesses with the development of the special halal economic zones in various strategic places.

In conclusion, capitalizing the BIMP-EAGA Vision 2025 provides a solid foundation for promoting economic growth in the region. IHTHS Team, as a key driver in this endeavor, focuses on branding the EAGA region as an International Halal Trade Hub, with a strong emphasis on Shariah-compliant value stream and trade services. Through its initiatives, IHTHS Team will
supports the growth of the ASEAN Economic Community (AEC) as an industry and production base for the global Islamic market. Together, these efforts contribute to the realization of the Halal Economy's potential and drive sustainable economic development in the BIMP-EAGA region.

The Missing Element – The Private Sector

"With the private sector taking the lead in regional development, there is a primary focus on branding the BIMP EAGA region as an International Halal Trade and supply chain hub, emphasizing on Sharia Compliance Value Stream and Trade services. Concurrently, efforts are directed towards promoting the ASEAN Economic Community (AEC) as a robust platform for industry growth and a production base for the global Islamic market. Through strategic initiatives, the private sector is driving economic progress, fostering a conducive environment for Halal trade, and positioning the BIMP EAGA region as a prominent player in the global Islamic economy."
CPTPP
CPTPP, short for the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, is a multilateral trade agreement that promotes economic integration among its member countries. It establishes rules and standards for trade and investment, including tariff reductions, intellectual property protection, and regulatory coherence. The agreement aims to enhance market access, facilitate cross-border trade, and promote economic cooperation among its 11-member countries, which include nations from the Asia-Pacific region and the Americas.
ASEAN
ASEAN, short for the Association of Southeast Asian Nations, is a regional intergovernmental organization consisting of ten-member states of eleven in Southeast Asia. It aims to promote economic integration, political cooperation, and social development among its members. Through dialogue and consensus-building, ASEAN fosters cooperation in various areas, including trade, investment, security, and cultural exchange, to promote peace, stability, and prosperity in the region.
BIMP EAGA
BIMP EAGA, short for Brunei-Indonesia-Malaysia Philippines East ASEAN Growth Area, is a sub-regional economic cooperation initiative in Southeast Asia. It aims to enhance economic integration and development among the four-member countries by promoting trade, investment, tourism, and other areas of collaboration. BIMP EAGA focuses on leveraging the unique strengths and resources of each member to foster inclusive growth, reduce development gaps, and enhance connectivity within the region.
MABIMS
MABIMS, short for the Meeting of Religious Ministers of Brunei Darussalam, MUI Indonesia, JAKIM Malaysia, and MUIS Singapore, is an informal annual gathering of Islamic religious ministers of ASEAN Islamic countries. It serves as a platform for these ministers to discuss and address matters related to the interests and welfare of Muslims within the region. MABIMS operates on a religious basis and focuses on protecting the rights and promoting the well-being of Muslims while respecting the political sovereignty of its member countries. The meeting facilitates cooperation and collaboration among these nations in areas pertaining to Islamic affairs without interfering in their political affairs.

THE ECONOMIC PLATFORMS

The utilization of ASEAN, BIMP EAGA, MABIMS, and CPTPP as economic platforms for halal trade and supply chain offers several advantages and holds significant potential for the growing Muslim market and the development of the halal economy. 
1

Market Access

ASEAN, as a regional economic community, provides access to a large consumer base comprising diverse Muslim populations. BIMP EAGA, as a sub-regional economic cooperation initiative, further expands market access to Brunei, Indonesia, Malaysia, and the Philippines, which have substantial Muslim populations. This access allows businesses to tap into the growing demand for halal products and services.

2

Trade Facilitation

ASEAN, BIMP EAGA, and CPTPP promote trade facilitation measures, including the reduction of trade barriers, harmonization of standards, and simplification of customs procedures. These initiatives streamline trade processes, making it easier for halal products to move across borders and enhancing supply chain efficiency.

3

Collaboration and Synergy

The collaborative nature of ASEAN, BIMP EAGA, and MABIMS fosters cooperation among member countries, leading to synergistic opportunities for the development of the halal economy. This collaboration enables the sharing of best practices, knowledge exchange, and joint initiatives to enhance the overall competitiveness of halal businesses in the region.

4

Regulatory Harmonization

MABIMS with ASEAN can encourage regulatory harmonization and the alignment of standards to facilitate trade. This is particularly relevant for halal certification and compliance, as consistent
standards across countries simplify market entry and enhance consumer confidence. Harmonization efforts reduce barriers and enable businesses to navigate the complexities of halal trade more effectively.

5

Investor Confidence

ASEAN, BIMP EAGA, and CPTPP promote a conducive investment environment through frameworks that protect investors and ensure fair treatment. This instills confidence in businesses looking to invest in halal-related industries and supply chains. Increased investment in the halal sector contributes to its growth and enhances the competitiveness of the overall economy.

6

Global Integration

CPTPP, a comprehensive trade agreement, expands market access beyond the ASEAN region to countries like Australia, Canada, Japan, and New Zealand. This global integration presents opportunities for halal businesses to reach wider markets, tapping into the growing Muslim consumer base around the world.

By leveraging the advantages offered by ASEAN, BIMP EAGA, MABIMS, and CPTPP, businesses can benefit from an expanded market, streamlined trade processes, collaborative initiatives, regulatory harmonization, enhanced investor confidence, and global integration. These economic platforms serve as catalysts for the development of the halal economy, supporting its growth and enabling businesses to capitalize on the increasing demand for halal products and services in the Muslim market.

SPECIAL HALAL ECONOMIC ZONE

A special Halal economic zone as such is a group of Halal parks or Halal industrial zones and supply chain hubs, an ecosystem with a designated area where businesses and industries related to Halal products and services are concentrated. These zones are established to promote and facilitate the development, production, trade, and export of Halal goods and services. Here are some key features and benefits of special Halal economic zones:
1Infrastructure and Facilities:
Halal economic zones typically offer specialized infrastructure and facilities tailored to the needs of businesses involved in the Halal industry. This includes dedicated production and processing facilities, storage warehouses, logistics and transportation services, research and development centers, and testing laboratories.
2Regulatory Support
Special Halal economic zones often have specific regulations and frameworks in place to ensure compliance with Halal standards. They may have their own certification processes, quality control measures, and monitoring systems to maintain the integrity and authenticity of Halal products. This regulatory support provides a conducive environment for businesses to operate and grow within the Halal economy.
3Business Support Services
Halal economic zones may offer various business support services to facilitate the establishment and growth of Halal-focused enterprises. This includes assistance with company registration, licensing, customs procedures, investment incentives, access to financing, and market intelligence. These services can help attract investors, stimulate entrepreneurship, and foster innovation within the Halal sector.
4Market Access
Being located within a special Halal economic zone can provide businesses with enhanced market access. These zones often serve as a hub for Halal trade and enable businesses to connect with domestic and international markets. They may host trade fairs, exhibitions, and business matchmaking events, attracting buyers, distributors, and investors interested in Halal products and services
5Collaboration and Networking
Halal economic zones promote collaboration and networking among businesses within the Halal industry. The concentration of Halal focused companies and related stakeholders fosters knowledge-sharing, partnerships, and synergies. This collaborative environment can lead to innovation, improved supply chain integration, and increased competitiveness of Halal businesses.
6Job Creation and Economic Growth
Special Halal economic zones have the potential to drive job creation and economic growth. By attracting investments and facilitating the growth of Halal businesses, these zones generate employment opportunities and contribute to the overall economic development of the region or country.
7Branding and Reputation
Being associated with a special Halal economic zone can enhance the branding and reputation of businesses. It signifies their commitment to Halal standards, quality assurance, and ethical practices. This can increase consumer trust and confidence in Halal products and open doors to new markets and collaborations.
Special Halal economic zones provide a platform for businesses to thrive in the Halal industry by offering dedicated infrastructure, regulatory support, market access, and collaborative opportunities. They serve as catalysts for the development of the Halal economy, supporting economic growth, job creation, and increased trade within the Halal sector.

INVESTING IN BRUNEI BAY SPECIAL HALAL ECONOMIC ZONE

Brunei Bay holds immense potential to emerge as a Special Halal Economic Zone, presenting an exceptional investment opportunity driven by its strategic advantages. The convergence of its advantageous location, substantial Muslim population, and favorable geopolitical landscape positions it as a highly attractive prospect for investors.

Firstly, Brunei Bay's geographical location provides a distinct advantage. Situated in a strategic position within Southeast Asia, it offers excellent connectivity to major international markets. Its proximity to key trade routes and established transportation infrastructure facilitates seamless access to global markets, rendering it an ideal hub for halal products and services.

Brunei Bay boasts a significant Muslim population, which enhances the viability and potential market size of a Special Halal Economic Zone. The presence of a large consumer base, encompassing both local residents and regional visitors, creates a robust demand for halal products and services across various sectors. This presents a unique opportunity for businesses operating within the halal industry to thrive and achieve substantial growth. 

The geopolitical landscape of Brunei Bay shared amongst Brunei, Sabah, Sarawak and Federal Territory of Labuan contributes to its investment appeal. For Brunei to lead it enjoys political stability, sound governance, and a business- friendly environment, making it conducive for investors seeking a secure and reliable location. The implementation of Syariah law and the country's commitment to promoting Islamic values and adherence to halal standards further bolsters its position as an attractive destination for halal-related investments.

By capitalizing on Brunei Bay's strategic advantages and establishing it as a Special Halal Economic Zone, investors can benefit from a dynamic and thriving ecosystem. This includes access to a diverse range of halal industries, a supportive regulatory framework, opportunities for collaboration and innovation, and a platform to tap into the rapidly growing global halal market.

Factors and Considerations

The possibility of Brunei Bay becoming a Special Halal Economic Zone will be one off the best investment to go for due to its strategic advantages such as location, huge Muslim population and the good geopolitics situation. To do it will depend on various factors and considerations. Herewith are some points to consider:

Government Support

The establishment of a Special Halal Economic Zone requires strong support and initiatives from the government. The government of Brunei would need to demonstrate its commitment to developing the Halal industry and promoting the zone's potential. This includes creating favorable policies, regulatory frameworks, and investment incentives to attract businesses and investors.

Infrastructure Development

Developing the necessary infrastructure within Brunei Bay would be essential for a Special Halal Economic Zone. This includes constructing specialized facilities, such as processing plants, storage warehouses, testing laboratories, logistics centers, and trade exhibition venues. Adequate transportation and connectivity infrastructure would also be crucial for facilitating trade and attracting businesses.

Halal Certification and Quality Assurance

To establish Brunei Bay as a Special Halal Economic Zone, stringent Halal certification and quality assurance mechanisms need to be in place. Collaborating with recognized Halal certification bodies and implementing robust monitoring and compliance systems would be essential to ensure the authenticity and integrity of Halal products and services within the zone.

Industry Clusters and Value Chain Integration

Developing industry clusters and promoting value chain integration within the zone can enhance the competitiveness and efficiency of businesses operating in the Halal sector. This involves encouraging collaboration and cooperation among different stakeholders, including producers, suppliers, distributors, and service providers, to create a cohesive and dynamic ecosystem.

Market Access and Trade Promotion

Brunei Bay's strategic location and proximity to international shipping routes can be leveraged to facilitate trade and market access for Halal products. Strengthening trade partnerships, organizing trade fairs and exhibitions, and actively promoting Brunei Bay as a hub for Halal trade can attract international buyers and investors.

Research and Development

Fostering research and development activities within the Special Halal Economic Zone can drive innovation and improve product development in the Halal industry. Establishing research institutions, promoting collaboration between academia and industry, and supporting technological advancements can enhance the competitiveness of businesses within the zone.

Stakeholder Engagement

Engaging stakeholders, including businesses, industry associations, and local communities, is crucial for the success of a Special Halal Economic Zone. Involving them in the decision-making process, addressing their needs and concerns, and fostering a supportive and inclusive environment can contribute to the sustainable development of the zone.

It's important to note that the establishment of a Special Halal Economic Zone requires careful planning, collaboration, and long-term commitment from Brunei Bay stakeholders. Assessing the feasibility, conducting market studies, and seeking input from experts and industry players would be necessary to determine the viability and potential success of such a zone in Brunei Bay.

The good thing is, the inclusion of the development of the halal industry as a key agenda in BIMP-EAGA Vision 2025 will greatly facilitates the establishment of the Brunei Bay Special Halal Economic Zone, ensuring a streamlined and conducive environment for investment. This strategic alignment underscores the significant advantages and opportunities available within the zone, making it an optimal choice for investors seeking to capitalize on the rapidly expanding halal market. The harmonious convergence of BIMP-EAGA's vision with the development of the Brunei Bay Special Halal Economic Zone enhances its attractiveness and viability, creating a seamless pathway for investment success.

ECONOMIC BENEFITS FOR THE COUNTRIES - EAST ASEAN GROWTH AREA REGION (EAGA)

The development of Brunei Bay as a Special Halal Economic Zone and transshipment hub for the global Halal economy products holds great potential for delivering substantial benefits to all countries within the East ASEAN Growth Area (BIMP-EAGA) region. This significant initiative presents a range of advantages and opportunities for economic growth, trade expansion, and regional integration among participating nations. By leveraging Brunei Bay's strategic location and establishing it as a dedicated hub for Halal products, countries within the BIMP-EAGA region can expect enhanced market access, increased investments, technological advancements, tourism development, and strengthened economic cooperation. This collective endeavor has the potential to uplift the region's Halal industry, foster regional collaboration, and contribute to sustainable socio-economic development across the BIMP EAGA countries.

Brunei:
• Economic Diversification:
The establishment of a Special Halal Economic Zone can contribute to the diversification of Brunei's economy, reducing its dependence on the oil and gas sector. It can create new business opportunities and attract investments in the Halal industry, leading to economic growth and job creation.

• Enhanced Trade and Export Potential:
Brunei Bay's strategic location and developed infrastructure can facilitate trade and export of Halal products. As a transshipment hub, it can serve as a gateway for Halal products from Brunei and neighboring regions, providing access to global markets and increasing export opportunities.

• Knowledge and Skill Development:
The development of the Halal Economic Zone can foster knowledge sharing, research collaboration, and skill development in the Halal industry. It can lead to the transfer of expertise, technology, and best practices, enhancing the capabilities of local businesses and human resources.

Sabah and Sarawak:
• Trade and Investment Opportunities:
Proximity to the Special Halal Economic Zone can provide businesses in Sabah and Sarawak with increased trade and investment opportunities. They can benefit from the supply chain integration, access to markets, and collaboration with Halal-focused companies operating within the zone.

• Job Creation and Economic Development:
The development of the Halal Economic Zone can create employment opportunities and contribute to economic development in Sabah and Sarawak. It can attract investments, stimulate local businesses, and support the growth of related industries such as agriculture, manufacturing, logistics, and tourism.

• Infrastructure Development:
The establishment of the Halal Economic Zone can lead to infrastructure development in Sabah and Sarawak. This includes improvements in transportation, logistics, and connectivity, which can benefit other sectors and promote regional development.

Federal Territory of Labuan:
• Logistic and Trading Services:
Labuan, being a federal territory with its own regulatory framework, can play a significant role in providing logistic and trading services to support the Special Halal Economic Zone. It can serve as a hub for financial services, customs clearance, and other related activities, facilitating the smooth flow of goods and services within the Halal supply chain.

• Offshore Financial Services and Investment Opportunities:
Labuan can attract Halal-focused businesses, investors, and professionals who wish to establish their presence in the Halal industry. The presence of the Special Halal Economic Zone can create a conducive business environment and lead to the growth of financial services, legal, and consultancy services in Labuan being the Offshore Financial Services Hub.

While the focus was on Brunei, Sabah, Sarawak, and the federal territory of Labuan, it's important to recognize that the development of Brunei Bay as a Special Halal Economic Zone and transshipment hub can potentially bring benefits to neighboring countries like the Philippines as well. Here are some potential ways the Philippines can benefit:


1. Trade and Export Opportunities:
The Philippines can take advantage of Brunei Bay's proximity as a transshipment hub for the global Halal economy. By aligning its products and services with Halal standards, the Philippines can tap into the growing demand for Halal products and access a broader international market. This can boost exports and create new trade opportunities for Philippine businesses.

2. Investment and Collaboration:
The development of a Halal Economic Zone in Brunei Bay can attract foreign direct investment (FDI) from various countries, including the Philippines. Philippine businesses can explore investment prospects in the zone, establish partnerships with Halal-focused companies, and benefit from knowledge transfer and technology exchange. This can foster economic cooperation between the Philippines and Brunei.

3. Tourism and Halal Tourism:
The Philippines has a thriving tourism industry, and the development of a nearby Halal Economic Zone can complement its efforts to attract Muslim travelers. Brunei Bay's potential as a Halal tourism destination, with Halal-certified facilities and services, can draw Muslim tourists who seek Halal-compliant travel experiences. This can contribute to the growth of the Philippine tourism sector as excursion to the greater Sulu and Sulawesi corridor, particularly in areas close to Brunei Bay up to the capital.

4. Collaboration in Halal Certification:
The Philippines has its own Halal certification authority, the Philippines Halal Certification Bodies (HCB). Collaborative efforts can be established between the HCB and relevant Halal certification bodies in Brunei Bay to ensure harmonization of Halal certification standards. This can facilitate trade, promote mutual recognition, and simplify the certification process for Philippine businesses exporting Halal products.

5. Knowledge Exchange and Capacity Building:
The Philippines can benefit from the knowledge exchange and capacity-building initiatives that may arise from the development of the Halal Economic Zone in Brunei Bay. This can include sharing best practices, technical expertise, and training programs related to Halal certification, Halal food processing, logistics, and marketing. Such knowledge transfer can enhance the capabilities of Philippine businesses operating in the Halal industry.

It's important to note that the specific benefits and opportunities for the Philippines would depend on various factors, including government policies, trade agreements, business initiatives, and the level of collaboration between stakeholders in Brunei Bay and the Philippines.
Indonesia, as a member of BIMPEAGA with its large Muslim population of 230 million and the upcoming establishment of the new financial capital in Kalimantan, can benefit significantly from the development of Brunei Bay as the Special Halal Economic Zone and transshipment hub for the global halal economy products. Here's a summary of the potential benefits:


1. Expanded Market Access:
The development of Brunei Bay as a transshipment hub offers Indonesia the opportunity to access a larger global market for its halal products. Indonesian businesses can leverage the logistical advantages and connectivity provided by Brunei Bay to enhance their export capabilities and reach new customers across different regions, leading to increased trade and revenue.

2. Investment and Business Opportunities:
The establishment of the Special Halal Economic Zone in Brunei Bay attracts domestic and foreign direct investments, presenting Indonesian businesses with opportunities to invest in the zone and participate in the halal value chain. This influx of investment can stimulate economic growth, create job opportunities, and enhance the competitiveness of Indonesia's halal industry.

3. Collaboration and Knowledge Exchange:
The development of Brunei Bay as a hub for the global halal economy promotes collaboration and knowledge exchange among industry players. Indonesian businesses can engage in partnerships, share best practices, and learn from international leaders in the halal industry. This collaboration can facilitate the transfer of technology, innovation, and expertise, enabling Indonesian companies to improve their products, processes, and market strategies.

4. Halal Tourism Development:
Brunei Bay's development as a Special Halal Economic Zone can attract Muslim travelers, presenting opportunities for Indonesian tourism operators and hospitality businesses. By offering halal-certified facilities, services, and experiences, Indonesia can tap into the growing market of halal tourism and attract more visitors, benefiting the tourism sector and related industries.

5. Regional Economic Integration:
The development of Brunei Bay as a Special Halal Economic Zone fosters regional economic integration within BIMPEAGA. Through collaboration with Brunei, Malaysia, and the Philippines, Indonesia can strengthen economic ties, expand trade linkages, and promote regional cooperation. This integration can lead to the harmonization of halal standards, facilitate cross-border trade, and establish a more integrated halal market in the region.

6. Infrastructure Development:
The development of Brunei Bay as a Special Halal Economic Zone requires the construction of supporting infrastructure, such as transportation networks, ports, logistics facilities, and industrial parks. This infrastructure development presents opportunities for Indonesian companies to participate in construction projects and related industries, contributing to economic growth and job creation.

In summary, Indonesia, with its substantial Muslim population and the upcoming establishment of the new financial capital in Kalimantan, stands to benefit significantly from the development of Brunei Bay as the Special Halal Economic Zone and transshipment hub. The potential advantages include expanded market access, investment opportunities, collaboration and knowledge exchange, halal tourism growth, regional economic integration, and infrastructure development, all of which can contribute to the advancement of Indonesia's halal industry and overall economic development.