Unveiling Opportunities in ASEAN for Australian Investors: Key Sectors, FTAs, Country-wise Breakdown and 2024 Prospects

Thriving economies of ASEAN region hold unparalleled investment prospects for Australian businesses.

2024 ASEAN-Australia Special Summit held in March, marked a significant milestone, celebrating 50 years of robust partnership and unveiling strategic initiatives designed to facilitate Australian investment in the region. Central to this vision is Australia's forward-looking Southeast Asia Economic Strategy to 2040, unveiled in 2023, aimed at expanding Australian investment across Southeast Asia, by identifying lucrative sectors for foreign investment.

Synergies Between Australia and ASEAN:

By 2040, ASEAN is poised to become the world’s fourth-largest economy, with a projected 4% compound annual GDP growth. The region's growing population is driving demand in various sectors, including food, digital products, healthcare, education, financial services, and clean energy. Australian businesses possess the expertise and financial strength to meet ASEAN's needs in goods and services, with a myriad of FTAs offering incentives for collaboration and easing investment.

In 2022 Australian foreign investment stocks in Southeast Asian countries were worth A$123.1 billion. Given the shared economic growth prospects, geographic proximity, and economic complementarity, the alignment offers vast opportunities to expand trade & investment.

Join Ines Liu, Head of the Australian Desk, and Senior Manager, International Business Advisory, as she explores the investment potential and economic benefits awaiting Australian businesses & investors in ASEAN. Gain insights into ASEAN-Australia relations, key sectors, country-wise analysis, and prospects for 2024.

Topics we will address during the webinar:

• ASEAN-Australia economic partnerships and strategic initiatives to facilitate investment.
• Overview of bilateral and regional FTAs and their benefits
• Key Sectors included in the Southeast Asia Economic Strategy to 2040
• Country-wise Analysis of Vietnam, Indonesia & Singapore, highlighting foreign investment opportunities in these key markets

This webinar is free to attend. Please contact Mansi Gupta with any questions. 

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