Connectivity

Priority projects include renewable energy, green enterprises, sustainable tourism, low-carbon transport, and high-quality agro-fisheries production.

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

The landmark agreement paves the way for more destinations, flight frequencies, and travel options as well as cargo services between Southeast Asia and Europe.

Member countries urged to look beyond the 2025 mid-term plan in realizing the subregion’s overall goals.

Environment, connectivity, and tourism projects may apply for $50,000 to $300,000 in funding.

Rapid population growth, aging populations, climate change, and urban migration just among trends that will shape transport systems and significantly alter mobility in the region.

Key infrastructure projects have increased 65% to 88 since 2017, showing countries’ commitment to boost connectivity.

The Bandar Seri Begawan Roadmap will guide digital transformation, which is key to pandemic recovery.

BEBC keen to be growth engine in reviving the economies of member countries, says chairman.

Policies that encourage PPPs and relaxed taxes and levies are among recommendations.