Investment Opportunities in the ASEAN, One of the World's Fastest Growing Economy
The ASEAN Countries members are Indonesia, Malaysia, the Philippines, Singapore, Thailand, Brunei, Cambodia, Laos, Myanmar (Burma) and Vietnam. The establishment of the ASEAN Economic Community (AEC) in 2015 is a major milestone in the regional economic integration agenda in ASEAN, offering opportunities in the form of a huge market of US$2.6 trillion and over 622 million people. In 2014, AEC was collectively the third largest economy in Asia and the seventh largest in the world.
The AEC Blueprint 2025 will lead towards an ASEAN that is more proactive, having had in place the structure and frameworks to operate as an economic community, cultivating its collective identity and strength to engage with the world, responding to new developments, and seizing new opportunities. The new Blueprint will not only ensure that the 10 ASEAN Member States are economically integrated, but are also sustainably and gainfully integrated in the global economy, thus contributing to the goal of shared prosperity.
The opportunities for foreign investment in the ASEAN countries are huge.
Illustration Photo: Indonesia cashews (Credit: Imran Lapong/AusAID/Wikimedia Commons CC BY 2.0) https://smartconsulting.asia/blog/post/investment-opportunities-in-the-asean-one-of-the-worlds-fastest-growing-economy