Brunei’s aerospace market is emerging as a strategically important sector as the country diversifies its economy beyond oil and gas. Canadian companies already have an established presence, particularly in aerospace services like maintenance, repair, overhaul (MRO), and simulation training. This growing presence reflects Brunei’s focus on developing its aerospace capabilities and leveraging international expertise to support sector growth. Canadian firms benefit from Brunei’s openness to foreign investment and trade protections under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), positioning them well for ongoing opportunities in this evolving market.
Aerospace market in Brunei
Key opportunities for Canadian aerospace companies in Brunei
- Maintenance, repair and overhaul (MRO) services
- Training and capacity building aimed at prolonging the life cycle of existing aerospace assets
Notable challenges for Canadian aerospace companies in Brunei
- Competition from global aerospace providers requires continuous innovation
- Aligning with Brunei’s economic diversification priorities for sector fit
- Limited market size and trade volume restricting growth opportunities
- Navigating local regulations and adapting to the investment environment
Industry highlights
CAD 21.4 billion projected GDP in 2025.
Over 50% of GDP now comes from the non-oil and gas sector, including aerospace.
36.5% growth in 2024 in the air transport subsector.
About CAD 850 million to 1.04 billion in total capital expenditure supporting advanced sector projects in early 2025.
CAD 3.1 million average annual value of Canadian aerospace exports to Brunei.
Brunei's business landscape
Brunei has a focused and evolving business landscape that highlights economic diversification beyond its traditional oil and gas industry. The country is investing strategically in aerospace and aviation infrastructure, training, and maintenance services to capitalize on its strategic location within Southeast Asia. Government initiatives support these efforts to position Brunei as an emerging regional hub for aerospace growth and innovation, aligning with broader goals of sustainable development and connectivity. This proactive approach fosters a favorable environment for international partnerships and advanced technology adoption in the aerospace sector.
Summary
Canadian aerospace companies have strong prospects in Brunei, particularly in maintenance, repair, and overhaul (MRO), as well as training and capacity building to extend the life cycle of aerospace assets.
Contact
For more information on aerospace in the Brunei market:
Eva Ng
Trade Commissioner
evaengchin.ng@international.gc.ca