MANILA, 13 November 2017 – The ASEAN Secretariat and the United Nations Conference on Trade and Development (UNCTAD) jointly launched the “ASEAN Investment Report 2017: Foreign Direct Investment and Economic Zones in ASEAN” during the ASEAN Business and Investment Summit 2017, held alongside the 31st ASEAN Summit. The ASEAN Secretariat also launched a Special Report on “ASEAN at 50: A Historic Milestone for FDI and MNEs in ASEAN” on the same occasion.
The ASEAN Investment Report is an annual report analysing investment and related issues in the region. This year’s Report features economic zones development in ASEAN. It examines the roles of different players and the development and contribution of economic zones, including in industrial agglomeration and in enhancing the competitiveness of the investment environment. With the right environment, economic zones can play a catalytic role in facilitating investments and supporting industrial clusters development. The Report is prepared under a technical cooperation arrangement between the ASEAN Secretariat and UNCTAD.
The commemorative publication “ASEAN at 50: A Historic Milestone for FDI and MNEs in ASEAN” highlights the astounding progress of ASEAN in attracting FDI over the past 50 years of ASEAN, from one among many developing regions seeking the attention of international investors to a region of choice for many Multi-National Enterprises (MNEs). This Report traces the contours of this transformation of the region: from a poor region with little FDI, trading primarily in commodities to one ready to embrace the digital age.
Both publications are supported by the Government of Australia through the ASEAN-Australia Development Cooperation Phase II (AADCP II).