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...
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ASEAN Comprehensive Investment Agreement (ACIA) Forum in Indonesia
JAKARTA, 16 April 2015 - A Forum and Seminar to socialise the ASEAN Comprehensive Investment Agreement (ACIA) was held on 15-16 April in Jakarta, Indonesia. More than 100 participants from the government, private sector, chambers of commerce and the general public attended the forum. H.E. Mr. Simon Philip Merrifield, the Ambassador of Australia to ASEAN, was also present during the opening ceremony.
This was the third of the series to socialise the ACIA after being held in Kuala Lumpur, Malaysia in March 2013 and in Manila, Philippines in January 2014.
The Forum imed to serve as a platform to introduce, promote and improve the understanding of ASEAN’s investment agreement, which has entered into force on 29 March 2012. With the theme “Transforming Investment in ASEAN Through ACIA“, the Forum discussed the salient features of ACIA and its potential benefits to Indonesia and the region, as well as the experiences of Indonesian and third country businesses in investing in ASEAN. The Forum was followed by a more in-depth seminar on ACIA for government officials of Indonesia.
The ACIA Forum and Seminar were hosted by the Indonesia Investment Coordinating Board (BKPM) in cooperation with the ASEAN Secretariat, with support from the Australian Government through the ASEAN-Australia Development Cooperation Phase II (AADCP II) and managed by the World Trade Institute-University of Berne, Switzerland.
The ACIA Forum’s programme can be accessed directly here.
The ACIA Guidebook for Businesses and Investors in ASEAN was distributed during the Forum and can be accessed from this link