Transcript The Importance of ASEAN Economic Community (AEC) 2015
The Importance of ASEAN Economic Community (AEC) 2015
by
Mr. Arin Jira
ASEAN Business Advisory Council (ASEAN-BAC) Former Chairman 2008 – 2009 Co-chairman 2010 January 20, 2011
1. Overview of A SEAN E conomic C ommunity AEC characteristic Single Market and Production base objective To create a stable, prosperous and highly competitive ASEAN economic region Free flow of goods services, investment, and skilled labor Freer flow of capital
1.1 Characteristics of AEC
Single Market and Production Base goods skilled labor service AEC capital invest ment
1.2 Objectives of AEC
Single market and production base Integration into the global economy AEC Blueprint Competitive economic region Equitable economic development
2.1 Environmental Analysis Physical
A transportation center in ASEAN GMS and IMT-GT
2.2 Environmental Analysis
Ease of doing business Supporting factors
Economic
Expected GDP Growth 4.5% (2011) Long–established and newly emerging industries Global markets connectivity
2.3 Business Opportunities in Thailand
Potential Sectors
Automotive & Parts Electrical & Electronics Halal Food Production Hub Tourism Hub Manufacturing & Assembly Hub Machinery and Metalworking Production Base
2.4 Business opportunities in Thailand Exhibition as the most effective tool to penetrate ASEAN market
• Thailand is ranked No. 1 in ASEAN
Exhibition Industry
• Global recognition as a leading destination for international conventions & as one of the top three convention destinations in Asia •
A choice of world class venues
and facilities which combine quality, diversity and value • Strategic location in the heart of Asia • Exotic Cultural Attractiveness such as good hospitality, serviced-mind people and warm & friendly country • Exceptional value for money for convention organizers and delegates; all participants benefit from
Summary
ASEAN economy is integrating to achieve the goal of AEC in 2015. Numerous benefits are offered to businesses and investors.
Single market Production base Thailand is a Hub in many sectors for ASEAN