Transcript
Your Majesty, Your Majesty the Leaders of ASEAN,
Distinguished ladies and gentlemen.
We should be grateful that in the midst of the weakening world economy, the ASEAN economy has proven to be resilient and continues to grow beyond global economic growth and other regions.
With a population of 680 million people, ASEAN is also a potential market with promising investment opportunities.
However, our region is not immune from various global challenges and sharpening geopolitical rivalries, especially the potential for conflict in the Indo-Pacific.
For this reason, the ASEAN-Indo-Pacific Forum is here to transform rivalry in the Indo-Pacific into fruitful cooperation, and build a habit of cooperation with a win-win formula, without anyone feeling excluded.
The ASEAN-Indo-Pacific Forum has three main agendas, namely first, green infrastructure and a resilient supply chain.
The ASEAN economy will grow stronger through industrial downstreaming and the development of an EV ecosystem is a concrete example of building a regional supply chain.
Second, sustainable and innovative financing.
ASEAN needs US$29.4 trillion for the energy transition, and an innovative financing scheme is needed through profitable and sustainable partnerships.
Third, digital transformation and the creative economy.
The digital economy in ASEAN in 2030 is estimated to grow to 1 trillion US Dollars, and digital innovation adoption needs to be strengthened to support the creative economy and MSMEs.
Your Honour,
I appreciate the support and contribution of ASEAN countries and ASEAN partners so that 93 cooperation projects worth US$38.2 billion have been collected and 73 potential projects worth US$17.8 billion.
This reflects our commitment to walk the talk, building a peaceful, stable and prosperous Indo-Pacific.
Hopefully our efforts can provide great benefits to the people of the region and the world.
And, I hereby declare that the ASEAN-Indo-Pacific Forum is officially opened.
Thank You.
