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Public Private Partnership

To enhance productivity in government asset management more systematically and to facilitate as well as improve collection of government revenue through online payments, the Government Facilities Rental System (FRS) will be implemented as a Public Private Partnership in collaboration with Telekom Brunei Berhad (TelBru).

The Ministry of Finance informs that His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam has consented for the Treasury Department to carry out the project as a pilot project as of the 1st of September 2016.

Source: Radio Television Brunei