The move towards an ASEAN Single Aviation Market boosted infrastructure investment and aviation development plans in the region. Growth is also attributed to the proliferation...
ASEAN Economic Community
How viable is investing?
Equitable Economic Development
ASEAN is committed to reducing development gaps in the region. It aims to develop small and medium enterprises (SMEs) through the ASEAN Blueprint for SME Development. It seeks to strengthen the implementation of technical assistance and capability building programmes for public and private sectors needing assistance in some ASEAN countries through the Initiative for ASEAN Integration (IAI).
With the success of these initiatives, investors can expect strong participation of SMEs in the building of regional production network which in turn will provide businessmen with wider options for suppliers and partners from supporting industries. Investors can benefit from the Initiative for ASEAN Integration as beneficiary ASEAN governments will be more capable to develop and implement economic policies that would further boost the positive effects of the AEC.
Integrating ASEAN’s Economy
ASEAN is keen on integrating the region through the realisation of the ASEAN Economic Community (AEC) by 2015. Vast opportunities await investors as ASEAN strives to achieve the four pillars of an integrated economic region.