: Exercising broad powers to invest in global equities, bonds, gold, and real estate, including famous high-profile assets like the Dorchester Collection hotels.
In 1983, just months before independence, the was established via a royal decree. However, it was the formal enactment of the Brunei Investment Agency Act (Chapter 165 of the Laws of Brunei) that codified the agency’s powers, responsibilities, and protections. brunei investment agency act
While the Act empowers the Board to delegate day-to-day management to professional investment managers, the ultimate authority rests with the Ministers. This structure highlights the Bruneian model of governance, where accountability is centralized rather than distributed through independent committees as seen in Western regulatory models. : Exercising broad powers to invest in global
Under the Act, the BIA has the power to: and real estate