India and Brunei will explore the possibilities of joint venture investment in the field of hotel industry and infrastructural development.
Brunei
will also consider investing in
India’s hotel sector, which has been opened up for 100% foreign
directinvestment. This was decided at a meeting between Minister of
Industry and Primary Resources
of Brunei, Mr. Pehin Dato Yahya and Union Tourism Minister Shri
Subodh Kant Sahai held here today.
It
was also decided in the meeting that Tour
Operators and Travel agents of both the countries
may cooperate and explore the possibilities for
promoting package tours
in either of the countries. Both the countries will also cooperate in
exchanging information and know-how for development of tourism in
their respective countries. India also offered to sponsor a visit by
a team of tour operators / travel media from Brunei to
India on a familiarization tour under Ministry of
Tourism’s hospitality scheme.
Earlier
in his welcome address Shri Sahai said that India and Brunei have
enjoyed traditionally close and cordial bilateral relations sustained
through regular high level political contacts.
Mr.
Yahya in his address appreciated the friendly relations between the
two countries and emphasised upon the importance of pursuing a closer
relationship based on the emerging potential in the tourism sector in
the two countries.