Indonesia-Malaysia-Thailand Growth Triangle

EENI- School of International Business

Sub-subject: Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT).

1. Introduction to the Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) - Southeast Asia ASEAN.
2. The structure and goals of the IMT- Growth Triangle
3. The Sumatra Investment and Trade Survey
4. The Economic Profile of IMT-Growth Triangle provinces

Sample of the subject: Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT)

Description of the Sub-Subject: Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT):

The Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) is a subregional Cooperation initiative created in 1993 by the governments of Indonesia, Malaysia, and Thailand with the objective to speeding up economic transformation in less developed provinces of the IMT-Growth Triangle region.

1. The mission of the Growth Triangle is to increase international trade between members and foreign direct investment opportunities
2. The private sector of the Indonesia-Malaysia-Thailand Growth Triangle region has played a core function in promoting economic cooperation
3. With the total market of 72 million and land area covering 602,293 square kilometres, the potential for economic growth and development for IMT-GT is immense
4. The Indonesia-Malaysia-Thailand Growth Triangle sub-region is characterised by many economic complementarities, geographical proximity, and close historical, cultural, and linguistic ties

The Indonesia-Malaysia-Thailand Growth Triangle consists of:

1. Fourteen provinces in Southern Thailand (Krabi, Nakhon Si Thammarat, Narathiwat, Pattani, Phattalung, Satun, Songkhla, Trang, Yala, Chumphon, Ranong, Surat Thani, Phang Nga, and Phuket) where the main religion is Buddhism
2. Eight states of Peninsular Malaysia (Kedah, Kelantan, Melaka, Negeri Sembilan, Penang, Perak, Perlis, and Selangor)
3. Ten provinces in the island of Sumatra in Indonesia (Aceh, Bangka-Belitung, Bengkulu, Jambi, Lampung, North Sumatra, Riau, Riau Islands, South Sumatra, and West Sumatra)

In Indonesia and Malaysia, the main religion is Islam.

The Asian Development Bank is a Development Partner of IMT-GT since 2006. The Association of Southeast Asian Nations (ASEAN) Secretariat is a valuable ally of Growth Triangle that provides assistance and linkage to development in Regional Cooperation in the Association of Southeast Asian Nations (ASEAN).

The Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) Roadmap identified four economic connectivity corridors as key to supporting augmented International Trade, foreign direct investment, and tourism through strengthening regional connectivity.