SHOWCASING THE REGIONS
The ASEAN Finance Ministers
Investors Seminar was held in September 2004, in New
York. Organised by MAS on behalf of ASEAN Finance and
Central Bank authorities, the seminar was first mooted
at the ASEAN Finance Ministers Meeting in Singapore
in April 2004.
About 200 participants attended, with 130 coming from
the US. The seminar showcased various aspects of ASEANs
growth potential. As a combined entity, ASEAN's consumer
market is already larger than the Indian market and
close to the coastal markets of China.
ASEAN has a GDP of close to US$700 billion and a population
of 540 million growing at more than 2% a year. Based
on current growth trends, the region will have a combined
GDP exceeding US$1 trillion by 2010.
The region offers investors an attractive combination
of a high degree of market stability as well as
liquidity and easy access in the capital markets.
The seminar received largely positive feedback from
investors who felt that it had provided an in-depth
look at ASEANs economic prospects and investment
Given the success of this first seminar at promoting
ASEAN to international investors, the ASEAN Finance
Ministers have agreed to a second seminar to be held
in London in 2005.