2005 ASEAN BUSINESS AND INVESTMENT SUMMIT
10-11 December 2005, Kuala Lumpur, Malaysia
The 2005 ASEAN Business & Investment Summit (ASEAN-BIS) was held on 10-11 December 2005 in Shangri-La Hotel, Kuala Lumpur, Malaysia, with the theme One Vision, One Identity, One Community – Beyond Borders: Developing ASEAN’s Competitive Advantages.
ASEAN Leaders, ASEAN Ministers and dignitaries addressed the event. Other prominent speakers and moderators have brought the number of delegates surpassing the 700 attendees mark from over 18 countries of ASEAN and beyond assembling the 2005 ASEAN-BIS with the largest number of participants since 2003. This gathering has not only supported the private sector in expanding their business outreach and contacts, but also presented a stirring manifestation on the coming together of the public and private sector in bringing the ASEAN’s economic integration to realize.
The 2005 ASEAN-BIS is aimed at:
(a) Increasing ASEAN competitive edge in the global market and to ensure survival of ASEAN industry and trade in the globalize world;
(b) Promoting Intra ASEAN Trade;
(c) Encouraging intra ASEAN investment cross flows - optimize resource allocation and mobilization in the region and obtain maximum benefits from resource and economic complementarities;
(d) Encouraging FDI inflows into ASEAN and make ASEAN as a competitive international production center and export base; and
(e) To tap the full potential afforded by regional economic cooperation and regional market opening.
The principal stakeholders in ASEAN’s continued peace and prosperity from all three sectors: Government, Business and Civil Society brainstormed and debated on critical issues of importance to the region and how ASEAN will interact with China, Japan, Korea and India, as well as with Europe, America and Australia.