Jakarta, 12 June 2023 – Chair of ASEAN Business Advisory Council (ASEAN-BAC), Arsjad Rasjid, stated that ASEAN is a promising investment destination. ASEAN offers investment opportunities in industries, digital economy, infrastructure development, manufacturing, consumer sector, communication, electric vehicles and batteries, as well as tourism.
“ASEAN has many advantages compared to other regions. The geographical location of ASEAN is highly strategic. We also have competitive human resources, abundant natural resources, and a large market,” said Arsjad Rasjid during a roadshow in Seoul, South Korea, on Friday (9/6/2023).
The member countries of the Association of Southeast Asian Nations (ASEAN) consist of Brunei Darussalam, Indonesia, Cambodia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.
Arsjad stated that South Korea, as a dialogue partner of ASEAN-BAC, continues to enhance bilateral cooperation with ASEAN countries. Moreover, South Korea has recognized Southeast Asia as a region with great economic growth potential and an attractive market for products and services, especially in the sectors of information and communication technology, manufacturing, renewable energy, infrastructure, tourism, and consumer sector.
“We are on the same path and goal to amplify investment and trade growth in ASEAN. One of them is in the field of electric vehicles (EV) and the use of digital transactions such as QR codes,” said Arsjad.
Arsjad, along with the ASEAN-BAC delegation, conducted a roadshow in Seoul from June 7 to 9, 2023, in the context of Indonesia’s leadership in ASEAN-BAC for the year 2023. During their stay in South Korea, they met with several government officials and prominent business figures. Arsjad specifically invited them to attend the ASEAN Business & Investment Summit (ABIS) 2023 and the ASEAN Business Awards (ABA) 2023 in Jakarta on September 3-4, 2023.
Investment Opportunities
During a meeting with South Korean entrepreneurs, Arsjad presented various investment opportunities in the energy transition, health, digital economy, and the development of the mega project of the new Indonesian capital (IKN).
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