The ASEAN member nations agree that maintaining competition within the construction is integral to ensure efficient and sustainable sector growth. A competitive market is expected to lead to more choices at competitive prices for consumers. The Chairman of Competition Commission of Brunei Darussalam explained the matter at the Launching Ceremony of the ASEAN Competition Interface Workshop on Construction Sector. The function took place this morning at the Rizqun International Hotel in Gadong.
Dato Paduka Awang Eddie bin Dato Paduka Haji Sunny said, the construction sector is set to grow by 6.1 percent yearly on average in the next 5 years.
The two-day workshop is participated by more than 50 officers from the competition authorities and regulators from the construction sector across ASEAN Member States. Also present was Yang Berhormat Dayang Siti Rozaimeriyanty binti Dato Seri Laila Jasa Awang Haji Abdul Rahman, Member of the Legislative Council. The workshop is organized by the Department of Economic Planning and Development, Ministry of Finance and economy through the Department of Competition and Consumer Affairs in collaboration with the Australian Competition and Consumer Commission and the ASEAN Secretariat under the support of the ASEAN Australia New Zealand Free Trade Area Economic Cooperation Work Program.
Source: Radio Television Brunei