Survey highlights ASEAN investment

Vietnam is amongst the most attractive investment destinations in Southeast Asia

Indonesia, Vietnam, and Singapore are the top three Southeast Asian investment destinations according to a competitiveness survey for 2011 and 2012, released by the Asean Business Advisory Council (ASEAN-BAC) in April.

The researchers questioned 405 businesspeople and industry leaders in the region, across various firm size categories, age and ownership profiles and industries. The survey was conducted by the National University of Singapore.

The businesspeople selected Indonesia as ASEAN’s best investment destination by 50 per cent, followed by Vietnam with 46 per cent. Third place went to Singapore with 43 per cent, followed by Thailand and Malaysia with 42 per cent each, the Philippines with 27 per cent, Laos and Cambodia with 26 per cent, Myanmar with 25 per cent, and Brunei with 17 per cent.

The attractiveness of each ASEAN member economy for investments was further rated by respondents on a scale of 0 to 10. Indonesia received the highest rating of 6.89. This was followed by Vietnam (6.29), Singapore (6.07), Thailand (6.04) and Malaysia (5.69). Unsurprisingly, there is a close correspondence between the attractiveness rating of a country and the share of businesses planning to invest in that country over the next three years.

“Half of these business groups want to invest in Indonesia while more than 40 per cent want to invest in Viet Nam, Singapore, Thailand and Malaysia,” the ASEAN-BAC report stated

As a region, ASEAN was rated as an attractive destination for investment, with 88 per cent of those questioned saying they planned to expand their business into at least one more of the grouping’s countries in the next three years.

The full report can be downloaded from www.spp.nus.edu.sg/docs/2011-12_ASEAN_BAC_Survey_Report.pdf



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

 

 

[caption id="attachment_2807" align="alignleft" width="232" caption="Vietnam is amongst the most attractive investment destinations in Southeast Asia"][/caption] Indonesia, Vietnam, and Singapore are the top three Southeast Asian investment destinations according to a competitiveness survey for 2011 and 2012, released by the Asean Business Advisory Council (ASEAN-BAC) in April. The researchers questioned 405 businesspeople and industry leaders in the region, across various firm size categories, age and ownership profiles and industries. The survey was conducted by the National University of Singapore. The businesspeople selected Indonesia as ASEAN's best investment destination by 50 per cent, followed by Vietnam with 46 per cent. Third place...

Vietnam is amongst the most attractive investment destinations in Southeast Asia

Indonesia, Vietnam, and Singapore are the top three Southeast Asian investment destinations according to a competitiveness survey for 2011 and 2012, released by the Asean Business Advisory Council (ASEAN-BAC) in April.

The researchers questioned 405 businesspeople and industry leaders in the region, across various firm size categories, age and ownership profiles and industries. The survey was conducted by the National University of Singapore.

The businesspeople selected Indonesia as ASEAN’s best investment destination by 50 per cent, followed by Vietnam with 46 per cent. Third place went to Singapore with 43 per cent, followed by Thailand and Malaysia with 42 per cent each, the Philippines with 27 per cent, Laos and Cambodia with 26 per cent, Myanmar with 25 per cent, and Brunei with 17 per cent.

The attractiveness of each ASEAN member economy for investments was further rated by respondents on a scale of 0 to 10. Indonesia received the highest rating of 6.89. This was followed by Vietnam (6.29), Singapore (6.07), Thailand (6.04) and Malaysia (5.69). Unsurprisingly, there is a close correspondence between the attractiveness rating of a country and the share of businesses planning to invest in that country over the next three years.

“Half of these business groups want to invest in Indonesia while more than 40 per cent want to invest in Viet Nam, Singapore, Thailand and Malaysia,” the ASEAN-BAC report stated

As a region, ASEAN was rated as an attractive destination for investment, with 88 per cent of those questioned saying they planned to expand their business into at least one more of the grouping’s countries in the next three years.

The full report can be downloaded from www.spp.nus.edu.sg/docs/2011-12_ASEAN_BAC_Survey_Report.pdf



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

 

 

NO COMMENTS

Leave a Reply