The Economic Benefits of

a United ASEAN

The ASEAN Economic Community (AEC) is a single region “common market” and production base which is envisioned to be established by end of 2015 for the citizens of ASEAN member

states.

A larger pool of resources, a larger market, and larger opportunities

The AEC will lead to a freer flow of goods, services, investment and skilled labour across the region.

Source: http://www.establishmentpost.com

A strong position in the global market

Once ASEAN becomes a unified market, it would become the 7th-largest economy in the world today, with a combined gross domestic product of

$2.4 trillion.

Source: http://investasean.asean.org

Fostering healthy competition for a dynamic market

A unified market offers healthy competition which at the end boosts the

quality of workers, reduces poverty and adds to the prosperity of the region. A united ASEAN is expected to create a level playing field and

foster a culture of fair business competition.

Source: http://www.asean.org

Stable and peaceful political relationships

The cultures of ASEAN member states are philosophically similar in

many respects. This is conducive to having harmonious relationships with one another.

Source: http://www.rappler.com

An efficient and integrated transportation network

Easy transport of cargo from within the region

because of the ASEAN Highway Network, where investors can easily link with neighbouring Northeast

and South Asian countries.

Source: http://investasean.asean.org

A stable and secure energy supply

Once the Trans-ASEAN Gas Pipeline and ASEAN Power Grid are developed, energy-dependent investments such as those

in manufacturing can have secure, sustainable, and lower energy cost.

Source: http://www.asean.org

http://www.eastcube.eu/