Asean needs to invest in infra, enhance connectivity– Stratbase study

ASSOCIATION of Southeast Asian Nations (Asean) member states need to invest in infrastructure and adopt measures to enhance connectivity for a seamless integration process crucial to achieving high income status, a new study showed.

In a statement released by Philippine Exporters Confederation Inc. on June 2, the Stratbase ADR Institute (ADRi) Special Study—“Asean’s Golden Opportunity: The Future of Southeast Asia”—noted spending on human and physical capital will enable Southeast Asia to surpass the “middle income trap” and maximize the demographic window of opportunity.