Trade and Investment Facilitation

The Brunei Darussalam, Indonesia, Malaysia, the Philippines Power Integration Project will scale up cross-border power trade in ASEAN.

The planned Brunei Darussalam–Indonesia–Malaysia–Philippines Power Integration may be the next multilateral power trading project.

A support unit that will be tasked to coordinate the trade pact’s implementation is expected to start operations in 2024.

Venture is part of a project to improve the market access of farmers and fisherfolks across BIMP-EAGA.

Makassar–Parepare Railway will connect two major port cities and serve five districts in South Sulawesi province.

The Philippines’ southern frontier makes an aggressive investment pitch to accelerate its growth momentum. 

The leaders touted BIMP-EAGA’s achievements and resilience after almost 3 decades of cooperation.

The Summit will discuss developments in the subregion and its progress toward the BIMP-EAGA Vision 2025 goals

Thirteen of the 15 original parties have ratified the agreement.

Leaders want countries to brace for headwinds from COVID-19, supply chain disruptions, food shortage, climate change, and other threats.