Digitalization is a key component of the Vision 2035 roadmap, which seeks to transform BIMP-EAGA into “a socially inclusive, open, aligned, and resilient” subregion that is prosperous and sustainable.
Integrating ecozone development with regional development corridors expected to bring in investments, create jobs, and generate benefits for communities.
Malaysia is cementing its foothold in the global Islamic economy by capitalizing on its strategic location, end-to-end halal ecosystem, and advances in Islamic finance.
The planned 28,000-hectare economic zone is expected to promote cross-border investment and trade linkages, enhance transport connectivity, and strengthen regional value chains.
Special economic zones can be turned into interconnected engines of growth, particularly along economic corridors, maximizing spillover effects and creating and deepening linkages to the domestic and regional economy.
ADB organized a 3-day workshop on “SEZs as Drivers of Economic Corridors and Value Chains” on 30 July to 1 August in Jakarta in partnership with the Coordinating Ministry for Economic Affairs of Indonesia.
Robust trade networks, solid financial linkages, and substantial movement of people across Asia credited for Southeast Asia's lead in regional integration.
