BANDAR SERI BEGAWAN, March 14 (Xinhua): Hengyi Industries Sdn Bhd, a petrochemical joint venture between Brunei and China, signed a Memorandum of Understanding (MoU) on Saturday (March 13) with a local vocational institute here, which is another key step in bilateral education cooperation and human resources development.
Hengyi Industries is a joint venture between China's Zhejiang Hengyi Group and Damai Holdings, a wholly-owned subsidiary under the Brunei government's Strategic Development Capital Fund, owning 70 percent and 30 percent of the shares, respectively.
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