ASEAN at 50 : a historic milestone for FDI and MNEs in ASEAN

Abstract

ASEAN has grown from one among many developing regions seeking the attention of international investors to a region of choice for many top-tier Multinational Enterprises (MNEs). These MNEs from across the world and representing a diverse set of sectors, industries and business activities, play a prominent role in the region, and will continue to do so in the future. ASEAN is the only developing region with a significant and diverse level of regional integration and value chains, in large part led by both foreign and its own MNEs. The “ASEAN at 50: A Historic Milestone for FDI and MNEs in ASEAN” publication highlights the astounding progress of the region in attracting FDI over the 50 years since ASEAN’s inception. The Report traces the contours of this transformation and the role of MNEs involved: from a poor region with little FDI, trading primarily in commodities to one ready to embrace the digital age

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