What makes ASEAN attractive for FDI?

ASEAN’s demographics, growing consumer markets, treaty networks and low tax rates make it a preferred destination for FDI. ASEAN has a population of over 600 million, and currently has a “demographic dividend” – the ratio where the number of employable works is higher than the number of dependents. While tax rates vary between the countries, most members are on the lower end of World banks “Ease of Paying Taxes” rating. International treaties and tariff reductions between member nations also make ASEAN an attractive place to invest.