The Market for Floating Wing
Turbines in Brunei & Morocco
International Business Project Presentation
by
Brian McDermott
Country needs to have a coast with a water
depth of at least 300 feet
Criteria For
Success
Country also needs to be financially sufficient
and willing to invest in renewable energy
• Each region of the world needs to set targets to have at
least one floating turbine farm in each country of the
region within the first three years and five within the
next ten years.
• Each country in the 2020 Paris Climate Accord must
contribute to the research and development of
advancing floating wind turbine technology.
• Population: 437,483 (2020)
• Location: Southeastern Asia
• Bordered by the South China
Sea and Malaysia
• Geography: Flat coastal plain
rises to mountains in east;
hilly lowland in west
• System of Government:
Constitutional Sultanate
• Economy: Mainly dependent
on vast Petroleum and
natural gas reserves
The Business Environment Brunei
• Capital City: Bandar Seri
Begawan
The Business Environment - Brunei
• GDP (PPP): $28,725,874,845 (2020)
• GDP per capita, (PPP): $65,662 (2020)
• Inflation Rate: 1.94% (2020)
• Renewable Electricity Amount & Rank: 0.002 billion kWh (182 out of 197) (2019)
• Ease of Doing Business Rank: 70.1 (65 out of 189) (2020)
• Corruption Rank: N/A
• Member of the Asia-Pacific Economic Cooperation (APEC), the Association of Southeast Asian
Nations (ASEAN), and the Trans-Pacific Partnership (TPP)
• Currency: Brunei dollar (BND)
• 1 USD = 1.35 BND As of 11/3/2021
The Culture of Business in Brunei
• Meeting Etiquette, Protocols, and
Customs:
• Casual attitude regarding punctuality
• Different ethnic groups in Brunei have
their own business etiquettes
• Hosts are expected to arrive punctually
for meal invitations and business
meetings
• Business negotiations often take longer
than predetermined
• Formal attire is expected for both
genders for business meetings
The Culture of Business in Brunei – Gift Giving
• Gift giving is considered intimate gesture
• Gifts are considered inappropriate and even offense if offered too soon into a relationship
• Business gifts are only exchanged after an established and sound personal relationship
• Business gifts should consist of modest items like pens, desk accessories, and items from
one's home country
• Males should never give gifts to female associates as it could be misunderstood as a
romantic gesture
• Typically, a gift is declined three times before accepted, once accepted it will be placed to
the side until they can open it in private
Life in Brunei
• Brunei aspires to be one of the countries with the highest quality of life by
the year 2035.
• Average life expectancy is 75.86 years (2019)
• A high quality of life is defined similar to our definition in the United States
with health, education, and financial security being the leading factors.
• Population: 36,910,558 (2020)
• Morocco is located in North
Africa
• Bordered by Spain, Algeria,
and Western Sahara.
• Geography: Mostly
Mountainous
• System of Government:
Parliamentary Constitutional
Monarchy
• Economy: Heavily dependent
on export of raw materials
The Business Environment Morocco
• Capital City: Rabat
The Business
Environment - Morocco
• GDP (PPP): $273,663,479,518 (2020)
• GDP per capita, (PPP): $7,296 (2020)
• Inflation Rate: 0.706% (2020)
• Renewable Electricity Amount & Rank: 6.481 billion kWh (76
out of 197) (2018)
• Ease of Doing Business Rank: 73.4 (52 out of 189) (2020)
• Corruption Rank: 86 out 180 (2020)
• Member of the League of Arab States (Arab League)
• Currency: Moroccan Dirham (MAD)
• 1 USD = 9.08 MAD As of 11/3/2021
• Meeting Etiquette,
Protocols, and Customs:
• Culture is famed for its
generosity of spirit.
• Stopping to shake hands and
ask “how are you” is
mandatory protocol.
• Kiss on each cheek and/or
hugs are customary among
same sex friends.
• Must remove shoes before
entering a house or mosque.
The Culture of Business in
Morocco
The Culture of Business in Morocco – Gift Giving
Gifts are expected to be given to the host if one is invited
to a home or dinner.
Never gift a Muslim alcohol or pork.
Pretty common gift giving practices.
Life in Morocco
• According to Legatum’s Prosperity Index in 2020, Morocco ranks 96th out of
167 countries.
• Ranked 68th in Safety and Security
• Ranked 65th in Invested Environment
• Ranked 95th in Living Conditions
• Ranked 103rd in Health
Recommendation
Brunei is a country with the funds,
resources, and the capabilities of
installing a floating wind turbine,
especially considering their lack in
land mass making it difficult to
install fixed wind turbines.