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This year’s report provides a special focus on evolution of asean fdi performance and policy environment during the implementation of asean economic community 2025 blueprint. At the 32nd asean summit on 28 april 2018 in singapore, the asean leaders established the asean smart cities network (ascn). The asean economic community envisions asean as a single market and production base.
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The ascn is a collaborative platform where cities from the ten asean member states (ams) work towards the. Asean people is at the heart of all asean regional cooperation across all the three pillars of asean communities. About asean the association of southeast asian nations, or asean, was established on 8 august 1967 in bangkok, thailand, with the signing of the asean declaration (bangkok declaration) by the founding fathers of asean:
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Free flow of goods, services, investments, capital, and labor will allow the development of production networks in the region and enhance asean’s capacity as the global supply chain.
It proclaimed asean as representing “the collective will of the nations of southeast asia to bind themselves together in friendship and cooperation and, through joint efforts and sacrifices, secure for their peoples and for posterity the blessings of peace, freedom and prosperity.” The first asean summit meeting was held in bali. Different initiatives are designed and implemented under the three pillars to improve the lives of asean peoples and to realise the overarching objectives of.
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