Index

 20 January 2007

 
ASEAN to boost sub-regional development
Jakarta

Leaders of Indonesia, Malaysia, Brunei, the Philippines and Thailand have agreed to boost cooperation in two sub-regional areas to help accelerate their economic development and narrow development gaps within the grouping.

In a joint statement, President Susilo Bambang Yudhoyono, Malaysian Prime Minister Abdullah Ahmad Badawi and Thai Prime Minister Surayud Chulanont acknowledged the importance of the Indonesia-Malaysia-Thailand growth triangle (IMT-GT) as a sub-regional growth area and agreed to adopt the draft IMT-GT road map.

"The road map will guide the stakeholders in the implementation of doable, practical and sustainable strategies, programs and projects that will benefit the communities of the member countries," said a joint statement from the leaders.

While specific issues have yet to be elaborated on in the road map, a leaked copy of the draft says the road map will be implemented over a period of five years commencing in 2007.

The leaders' second joint statement was a declaration on sub-regional development involving Brunei, Indonesia, Malaysia and the Philippines in the East ASEAN Growth Area (BIMP-EAGA).

The Asian Development Bank has said it fully supports the realization of the road map targets to revitalize both growth areas.

The leaders of BIMP-EAGA will also witness soon the signing of a memorandum of understanding on the expansion of air links between the four countries.

"The provision of air services in the BIMP-EAGA would result in ... greater accessibility and movement of peoples in the area ... attract investors to locate themselves in the sub-region and spur intraregional trade and tourism," the draft memorandum of understanding states.

The agreement would, for instance, promote low fares for flights between points in one country and those in another by 2008.

Cities like Bandar Seri Begawan in Brunei, Balikpapan and Pontianak in Indonesia, Kota Kinibalu and Kuching in Malaysia, and Davao city and Zamboanga city in the Philippines would eventually be linked by cheap flights.

"Because of the agreement, there will be flights between those cities so that people and goods can move more freely," an official from the Indonesian Transportation Ministry who attended the discussions on the draft, but has requested anonymity, told the Post.

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