Course summary Foreign direct investment in ASEAN:
The goal of the ASEAN Economic Community is
to set up
the Association Southeast Asian Nations (ASEAN)
as a
single market and production base that will make ASEAN region more dynamic and competitive.
One of core factors of an Association of Southeast Asian Nations
(ASEAN) single
market and production base is the free flow of Foreign direct investment (FDI).
A Free and open Foreign direct investment regime is fundamental to improving ASEAN's competitiveness and
attracting Foreign direct investment (FDI) as well as intra-ASEAN
Foreign direct investment (FDI).
In February 2009, the Association of Southeast Asian Nations (ASEAN) exhaustive Investment Agreement (ACIA) was signed.
In 2008, Foreign direct investment flows to the ASEAN region stayed
elastic even with the effects of the Global Crisis. Since the financial crisis
in Asian markets, Foreign direct
investment (FDI) inflows into the
Association of Southeast Asian Nations (ASEAN)
has recuperated its strength, tripling from USD 23 billion in 1998 to USD 69 billion in 2007.
Notwithstanding the 2008 global economic and financial crisis, Foreign direct
investment inflows into the Association of Southeast Asian Nations (ASEAN)
was strong at USD 59 billion (4% of total global Foreign direct investment (FDI)). All
ASEAN member economies (Brunei Darussalam, Myanmar, the Philippines, Singapore,
Thailand, Vietnam, Cambodia, Indonesia, Malaysia and Laos PDR) experienced a decline in Foreign direct investment (FDI)
flows (excluding
Indonesia and Vietnam).
The major recipients of Foreign direct investment flows in the Association
of Southeast Asian Nations (ASEAN) stayed to be Singapore
with USD 22 billion (38.6% of total ASEAN FDI),
Thailand with USD 9 billion
(16.7%), Viet Nam with USD 8 billion (13.6%), Indonesia with USD 7 billion
(13.4%) and Malaysia with USD 7 billion (12.4%)
Example of the course FDI
in ASEAN:
Main sources of Foreign direct investment (FDI) flows from Asia also decreased - Korea by 48%,
People's Republic of China by 9% and
Japan by 15%.
Foreign direct investment (FDI) flows continued to prevail in the services and manufacturing sector
ASEAN Free Trade Area - ASEAN Free trade agreements
