ASEAN Investment Report 2019 – FDI in Services: Focus on Health Care

Foreign Direct Investment (FDI) inflows into ASEAN increased for the third consecutive year in 2018, reaching an all-time high level of USD 155 billion. The region’s share of global FDI inflows also rose to 11.5 percent in 2018. This trend is expected to continue. Services sector is the largest recipient of FDI in ASEAN. The share of services sector in total FDI grew from 50 per cent in 1999-2003 to 66 per cent in 2014-2018. A significant part of FDI in services flows into financial services, wholesale and retail, and real estate activities. This year’s ASEAN Investment Report features the FDI in the services sector, with a special focus on health care. The Report looks in foreign investments and the Multi-National Enterprises (MNEs) in the healthcare industry in ASEAN, as well as the investment environment they thrive in. The Report also provides recommendations in moving forward to develop a competitive health care environment in the region. This report was produced in collaboration with UNCTAD. Download the...

ASEAN Investment Report 2018: Foreign Direct Investment and the Digital Economy in ASEAN

ASEAN’s digital economy has been growing rapidly, backed by the region’s fast expanding digital networks and numbers of mobile phone and Internet users. ASEAN has the third largest number of Internet users in the world after China and India. The region’s active participation in digital development and promotion of investment in information and communication technology (ICT) infrastructure are major drivers of this growth. The Internet economy (transactions conducted online) was estimated to be worth $50 billion in 2017 and is expected to become a $200 billion economy by 2025. Fulfilling this potential, however, will require the right policy and regulatory framework to encourage further participation and investment by the private sector. It also requires addressing key challenges and potential drawbacks associated with rapid growth of the digital economy. The ASEAN Investment Report 2018 looks at the how digital economy, including e-commerce, fintech, venture capital and other digital activities influence the investment landscape in ASEAN. It also discusses policy options and digital economy strategy for the region, to help it transform itself into a competitive global digital hub. The report also includes a special section highlighting Australia investment development in ASEAN. It provides historical analysis of Australian foreign direct investment (FDI) and discusses presence of Australian Multinational Enterprises (MNE) in ASEAN. The report was prepared by the ASEAN Secretariat and the United Nations Conference on Trade and Development (UNCTAD). Download the report...

ASEAN at 50: a Historic Milestone for FDI and MNEs in ASEAN

In 50 years ASEAN has come a long way economically, in part because of the region’s deep participation in the world economy, including through inward and outward foreign direct investment (FDI). The level of FDI and the presence of multinational enterprises (MNEs) in ASEAN is formidable and will remain so in the future. This report tells ASEAN’s 50-year journey to becoming what it is now: a significant hub in MNE’s global production systems and value chain, and features how the enormous influx of FDI has driven economic growth, industrialisation and development across the region. The report also looks at the future of FDI and MNEs in ASEAN. Download the report...

ASEAN Investment Report 2017: Foreign Direct Investment and Economic Zones in ASEAN

The ASEAN Investment Report is a annual analytical report focusing on investment trends and prospects in ASEAN. This year’s Report examines the historical investment development of two Dialogue Partners of ASEAN, namely the European Union (EU) and India. Major multinational enterprises (MNEs) from these countries have been present in ASEAN in a wide range of industries. Many of them operate in multiple locations across the region in different segments of the value chains. The report also features the development of special economic zones (SEZs) in ASEAN, highlighting their roles in driving socioeconomic development and attracting foreign direct investment (FDI) into the region. Download the report...

Outsourcing Opportunities in ASEAN: Policy Paper

This Policy Paper highlights key recommended policy orientations to boost ASEAN’s competitiveness competitiveness with regard to outsourcing of goods and services and the rise of global value chains (GVCs). Firstly, it defines the context and introduces some key definitions relevant to outsourcing. Secondly, it presents a brief overview of services outsourcing trends in recent decades. Thirdly, it considers ASEAN competitiveness by analysing the new trade in value-added (TiVA) database, the constructed GVC Readiness Index, and modern global value chains. All together, this informs the final section of the Policy Paper, which analyses GVC related factors affecting ASEAN positioning and presents ASEAN-wide policy orientations post 2015. Outsourcing Opportunities in ASEAN: Policy...

Best Practices for Investment Promotion and Facilitation in ASEAN: General Paper

In order for ASEAN to enhance its attractiveness as an investment destination as envisioned in the AEC Blueprint 2025, ASEAN needs to boost its effort in investment promotion and facilitation. This paper aims to provide ASEAN Member States with a deeper understanding of regional and global ‘best practices’ in investment promotion and facilitation.  This deeper understanding may be used to guide current or future initiatives, whether at the regional, national or sub-national level, in order to facilitate freer flow of capital and investment. Specifically, this paper identifies best practices and lessons learned in the four core functions of Investment Promotion Agencies (IPAs): promotion, attraction, facilitation and aftercare. It proposes and examine opportunities for development of practical initiatives in two areas that are potential areas for practical initiatives by AMS: 1) Formal & Informal Ambassadorial and cultural networks; and 2) private sector partnerships. Separate reports on each of these areas are available through the Services and Investment Division of the ASEAN Secretariat. Download: Best Practices for Investment Promotion and Facilitation in ASEAN: General Paper  ...