US-ASEAN Business Council Leads Final Segment of Transport and Infrastructure Roadshow in Vietnam

(Hanoi) – On March 22, the Council convened the final segment of the Post-ASEAN Transport Ministers Meeting Roadshow, which was attended by Vietnam government officials and stakeholders, and four major U.S. infrastructure companies.  The inaugural Roadshow is a follow-up to the Council-led business mission to the 24th ASEAN Transport Ministers Meeting in November 2018, where U.S. companies officially participated in and engaged with the ASEAN Ministers of Transport and Senior Transport Officials on key infrastructure issues. The Roadshow themes are High-Quality Infrastructure and Safety.

Ambassador Michael W. Michalak, Senior Vice President and Regional Managing Director of the US-ASEAN Business Council, led the Roadshow.

“The Roadshow reaffirms the American private sector’s commitment to the region and our shared desire to see ASEAN continue to grow and prosper,” said Ambassador Michalak. “Over the next decade, ASEAN nations will require approximately US$210 billion per year, or 5.7 percent its combined GDP, to address the region’s infrastructure needs by 2030.  This massive investment need is critical to building quality infrastructure for overall regional economic development.”

“As Vietnam, like many other nations in the region, seeks to upgrade and expand its transportation infrastructure to support economic growth and development, 3M, along with the larger American business community, is keen to provide the necessary support in terms of expertise and science-based technology to ensure world class infrastructure projects,” said  Jannik Brømsøe Termansen, Regional Director, Government Affairs & Markets of 3M, and Chair of the US-ABC Infrastructure Committee.  “Where 3M has expertise - from road, rail and occupational safety to architectural design and sustainable solutions - the Government of Vietnam can count on us to be a partner in realizing the dream of an efficient, safe, and quality transportation network in the country.”

The Roadshow started off with representatives from the Vietnam Institute for Economic and Policy Research, and Bank for Investment and Development of Vietnam providing key insights on the challenges in infrastructure financing and bankability of projects. This was followed by a series of informative sessions by the consortium of U.S. companies, which highlighted successful case studies and best practices in addressing current challenges across the full transport infrastructure value chain and project life cycle, as well as guidance on maintaining and advancing safety through technology and design.

The Roadshow aims to serve as a useful platform to deepen public-private collaboration and enhance the ability of key changemakers to meet their infrastructure goals.  Through an expert panel session, Vietnam government officials and relevant stakeholders had the opportunity to engage with specific U.S. companies for targeted technical guidance and expert advisory.  

The Mission concluded with definitive plans to deepen partnerships with the ASEAN Transport Ministers in the areas of high-quality infrastructure and safety, in which U.S. companies expressed interest in supporting ASEAN in the holistic implementation of safety across all phases of road transport and railway infrastructure projects.

The participating members from the Infrastructure Committee are: Committee Chair, Caterpillar represented by Mark Flint, Business Development Manager Asia Pacific, Progress Rail; and Trinh Duc Thang, Deputy General Director, Phu Thai Cat (Cat Dealer); 3M represented by Dr. John Pournoor, International Director, Government Affairs; Autodesk represented by Daniel Green, APAC Director of Government Affairs; and FedEx Express represented by Tng Ying Hui, Government Affairs Advisor, APAC.  In addition to Caterpillar, 3M, Autodesk and FedEx Express, Honeywell also participated in the Vietnam segment of the week long roadshow to three countries.

Representatives from 3M, Autodesk, Caterpillar, FedEx Express, US-ASEAN Business Council with senior Vietnam transport officials.

Panel discussion encompassing diverse perspectives from the U.S. private sector, Vietnam government and academia on the infrastructure value chain (left to right): Daniel Green, APAC Director of Government Affairs, Autodesk; Mark Flint, Business Development Manager Asia Pacific, Progress Rail, Caterpillar; Tng Ying Hui, Government Affairs Advisor, FedEx Express; Ambassador Michael Michalak, Senior Vice President & Regional Managing Director, US-ASEAN Business Council; Director General Nguyen Van Thach, Department of Transport Safety, Ministry of Transport; Dr. Pham Sy Thanh, Director of  Vietnam Institute for Economic and Policy Research Chinese Economic Studies Program; and Dr. John Pournoor, International Director, Government Affairs, 3M.

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For 35 years, the US-ASEAN Business Council has been the premier advocacy organization for US corporations operating within the dynamic Association of Southeast Asian Nations (ASEAN). Worldwide, the Council's membership, more than 160 companies, generate over $6 trillion in revenue and employ more than 13 million people globally. Members include the largest US companies conducting business in ASEAN, and range from newcomers to the region to companies that have been working in Southeast Asia for over 100 years. The Council has offices in: Washington, DC; New York, NY; Bangkok, Thailand; Hanoi, Vietnam; Jakarta, Indonesia; Kuala Lumpur, Malaysia; Manila, Philippines; and Singapore.