Currently, the countries that are part of it are Myanmar, Thailand, Indonesia, Malaysia, Singapore, Cambodia, Laos, Vietnam, Brunei and the Philippines. With a combined population of over 600 million people, ASEAN can be considered as the third largest “emerging” market in the world after China and India.
The implementation of a series of free trade agreements and the beginning, in 2015, of a process that will lead the 10 countries to join in a genuine single market, with a substantial uniformity of customs procedures, will help to further increase the importance of this area in the international business.
The investment opportunities are emerging in various sectors: franchising, infrastructure and construction, mechanical industry, agro-industry and food, design, fashion, consumer goods, sourcing, outsourcing, medical equipment, automotive and retail are some of the areas in where there is a high demand.
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