1. We, the leaders of the Republic of Indonesia, Malaysia, and the Kingdom of Thailand, meet today in Manila, the Republic of the Philippines on the occasion of the 10th Indonesia- Malaysia-Thailand Growth-Triangle (IMT-GT) Summit Meeting under Malaysia’s Chairmanship.
2. We commend the significant role played by IMT-GT in the ASEAN Economic Community building process. The IMT-GT economy remains resilient despite a challenging global economic environment in recent years. We are pleased to note that the IMT-GT recorded a commendable average annual growth rate of 6.9 percent for the period 2010- 2015. At the same time, our Gross Domestic Product (GDP) per capita has increased to US$13,844 in 2015, higher than the US$11,009 recorded for ASEAN. Our total, trade and foreign direct investment inflow also expanded by an annual average of 1.4 percent and 4.5 percent respectively from 2010 to 2015.
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