Seoul: Investment Coordination (BKPM) head, Thomas Lembong, said that the international community would lose a very lucrative momentum if they did not prioritize ASEAN as an investment hub.
The first reason, he said, is that ASEAN is predicted to have the highest economic growth rate in the near future.
“With the massive combined population and its relatively high economic growth amidst global economic uncertainty at the moment, ASEAN offers a vast of lucrative and promising business opportunities,” Thomas said in a written statement released on Friday, September 27, 2019.
The opportunities also come from the fact that the level of the social improvement of every ASEAN country is in the right position.
“That means that ASEAN countries are not too modern, nor are they too left behind. So this also offers a lot of space to grown and several potential business opportunities,” he explained.
The last characteristic which makes ASEAN attractive, according to Thomas, is the culture of its community. Tom invited the forum’s participants to not only take a look at the economic figures, such as GDP, but also to consider the level of happiness and the generosity of a country which also play vital role in developing economic growth.
“ASEAN is a heaven in the tropical area. Every country possesses a high level of tolerance, is really open to globalization, and also possesses positive spirit in life,” he said. (Translator: Muhammad Gestinev)