Foreign investment in forestry activities, with the exception of logging activities, is limited to 70% equity ownership.
"ANNEX I - SCHEDULE OF BRUNEI DARUSSALAM
Sector: Forestry and Services Incidental to Forestry
Obligations Concerned: National Treatment (Article 9.4), Performance Requirements (Article 9.10), Market Access (Article 10.5)
Measures: National Forestry Policy (1990), Brunei Darussalam Long-Term Development Plan, Administrative Measures and Guidelines (Strategic Plan 2004 – 2023)
[...] 
Description: Investment [...]
1. Foreign nationals or enterprises shall not establish an enterprise to undertake activities related to forestry or services incidental to forestry:
(a) except through a joint venture with a Brunei national or Bruneian enterprise in which the foreign national or enterprise does not own more than 70 per cent equity; and
(b) unless they comply with any performance requirements which may be imposed, including a requirement to transfer technology or other proprietary knowledge, as long as such requirement does not unreasonably prejudice the legitimate interests of the owner of technology or proprietary knowledge and is not for the purposes of commercial exploitation by Brunei Darussalam.
2. For greater certainty, this entry does not apply to logging activities." (ANNEX I - SCHEDULE OF BRUNEI DARUSSALAM, Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP))
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[text not reproduced] (FOREST ACT and FOREST RULES, as amended)
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"SPECIFIC POLICY STATEMENTS[...]
3.0) ON INDUSTRIAL FORESTRY [...]
3.7 To encourage foreign and local private investments in forestry and allied ventures which are in the national interest, particularly in premium value-added, diversified, and integrated industries.
3.8 To enlist maximum participation of citizens of Brunei Darussalam in forest-based and related enterprise.
[...]
POLICY IMPLEMENTATION PLAN [...]
4.0) INDUSTRIAL FORESTRY [...]
4.18)	Sufficient measures will be taken to encourage participation of the private sector, both local and foreign, in terms of investments and equity-sharing, in forestry and such related enterprises as forest produce harvesting, forest produce processing, forestation projects, recreational facility operation, and the like, at no detriment to the national interest.
4.19)	4.19 As much as possible, however, the participation of the citizens of Brunei Darussalam in forestry and associated ventures, with set priorities and objectives, will be maximized.[...]" (NATIONAL FORESTRY POLICY OF BRUNEI DARUSSALAM)
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"Taking of Forest Produce 
Procedures and Rules for applying license to take forest produce on prepayment of royalty (Form 2)
Applicant must be Brunei citizen or Brunei permanent resident. [...]" (Forestry Department, 'aking of Forest Produce', website content)

ANNEX I - SCHEDULE OF BRUNEI DARUSSALAM, Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
FOREST ACT and FOREST RULES, as amended
NATIONAL FORESTRY POLICY OF BRUNEI DARUSSALAM
Forestry Department, 'aking of Forest Produce', website content
[<a href="https://www.mfat.govt.nz/assets/Trade-agreements/TPP/Annexes-ENGLISH/Annex-I.-Brunei.pdf">CPTPP</a>],[<a href="https://www.agc.gov.bn/AGC%20Images/LAWS/ACT_PDF/Cap046.pdf">Act</a>],[<a href="https://www.agc.gov.bn/AGC%20Images/LAWS/ACT_PDF/Cap046,%20R1.pdf">Rule</a>],[<a href="http://www.forestry.gov.bn/SitePages/National%20Forest%20Policy.aspx">Policy</a>],[<a href="http://www.forestry.gov.bn/SitePages/Taking%20of%20Forest%20Produce.aspx">Website</a>]