Indonesia – Malaysia – Thailand Growth Triangle (IMT – GT)

Course summary Indonesia – Malaysia – Thailand Growth Triangle (IMT – GT):

Economic profiles of IMT-GT provinces (Southern Thailand Peninsular Malaysia Indonesia). Sumatra Investment and Trade Survey (SITS)

The Indonesia - Malaysia - Thailand Growth Triangle (IMT-GT) is a subregional cooperation initiative formed in 1993 by the governments of Indonesia, Malaysia, and Thailand to accelerate economic transformation in less developed provinces. The private sector has played and will continue to play a key role in promoting economic cooperation in IMT-GT. Its objective, is to increase intra-IMT-GT and inter-IMT-GT trade and investment.

With the total market of 72 million (2006) and land area covering 602,293.9 square kilometer, the potential for growth and development for this subregion is huge.

The Indonesia – Malaysia – Thailand Growth Triangle (IMT – GT) subregion is characterized by many economic complementarities, geographical proximity, and close historical, cultural and linguistic ties.

The Indonesia – Malaysia – Thailand Growth Triangle (IMT – GT) currently consists of:
- 14 provinces in Southern Thailand (Krabi, Nakhon Si Thammarat, Narathiwat, Pattani, Phattalung, Satun, Songkhla, Trang, Yala, Chumphon, Ranong, Surat Thani, Phang Nga, Phuket)
- 8 states of Peninsular Malaysia (Kedah, Kelantan, Melaka, Negeri Sembilan, Penang, Perak, Perlis and Selangor)
- 10 provinces in the island of Sumatra in Indonesia (Aceh, Bangka-Belitung, Bengkulu, Jambi, Lampung, North Sumatra, Riau, Riau Islands, South Sumatra, and West Sumatra)

The Asian Development Bank (ADB) is a Development Partner of IMT-GT since 2006. The Association of Southeast Asian Nations (ASEAN) Secretariat is a valuable ally of IMT-GT that provides support and linkage to development in regional cooperation in ASEAN.

Example of the course Indonesia – Malaysia – Thailand Growth Triangle (IMT – GT):

The IMT-GT Roadmap for Development 2007-2011 defines the strategies and plans for achieving the IMT-GT's vision of a seamless, progressive, prosperous and peaceful subregion, with improved quality of life. The Indonesia – Malaysia – Thailand Growth Triangle (IMT – GT) Roadmap identified four economic connectivity corridors (ECCs) as key to support increased trade, investment and tourism through strengthening regional connectivity

Topic: Globalization and regionalization