(Hanoi, Vietnam) – The US-ASEAN Business Council (US-ABC) led its fourth business mission delegation to the 25th ASEAN Transport Ministers Meeting (ATM) from November 14th -15th, 2019. The delegation engaged top transport officials from all ten ASEAN Member States on how they could enhance cooperation, connectivity, and integration within the region through infrastructure development.
Opening the event, Deputy Prime Minister Trinh Dinh Dung said the Association of Southeast Asian Nations (ASEAN) has become one of the most successful regional organisations in the world. With a combined population of over 640 million and an economy worth nearly 3 trillion USD in 2018, ASEAN is currently the third biggest economy in Asia and the sixth largest in the world.
Its member countries are striving to build the ASEAN Economic Community. In that process, the bloc always considers connectivity and integration as part of the top priorities in building the community so as to capitalise on the advantages of a dynamic and potential region. To achieve this, enhancing transport connectivity is of critical importance, he noted.
MANILA, Philippines — The former US military bases in Clark and Subic should attract more American investors given the soon-to-rise big-ticket public infrastructure projects in Central Luzon, the head of the Duterte administration’s economic team said.
During the Philippine Economic Briefing Roundtable held in Washington, D.C. last week, Finance Secretary Carlos G. Dominguez III noted in a speech that on several occasions, the US business community already expressed interest to participate in the ambitious “Build, Build, Build” infrastructure program.
However, Dominguez lamented that “no serious offer has come [from American firms], and this is to bid in an international bidding program.”
Empowering a skilled digital workforce, increasing regional connectivity, and understanding the impact of technology on jobs and productivity were central themes for this year’s meetings between the US-Asean Business Council (US-ABC) delegation and the Asean Telecommunications and IT Ministers.
The meetings took place in Vientiane last week as part of the annual Asean Telecommunications and IT Ministers Meeting (Telmin).
The US-ABC delegation included seven leading US technology companies led by US-ABC president and CEO Alexander C Feldman, US-ABC senior vice-president and regional managing director Michael W Michalak and US-ABC Information and Communications Technology (ICT) Committee chair and Cisco Systems Asean president Naveen Menon.
“Southeast Asia’s digital economy topped $100 billion this year for the first time and is now projected to grow to $300 billion by 2025,” said Feldman.
(Vientiane) – Empowering a skilled digital workforce, increasing regional connectivity, and understanding the impact of technology on jobs and productivity were themes for this year’s meetings between the US-ASEAN Business Council (US-ABC) delegation and the ASEAN Telecommunications and IT Ministers. The meetings took place in Vientiane, Laos from October 23-25 as part of the annual ASEAN Telecommunications and IT Ministers Meeting (TELMIN).
The US-ABC delegation included 7 leading American technology companies led by US-ABC President and CEO Alexander C. Feldman; US-ABC Senior Vice President & Regional Managing Director Ambassador Michael W. Michalak, and; Chair of US-ABC’s Information and Communications Technology (ICT) Committee and President for Cisco Systems in ASEAN, Naveen Menon.