Wahyu Dwi Anggoro
IDXChannel - The ASEAN Investment Report (AIR) 2023, launched this week, highlighted Foreign direct investment (FDI) inflows in the region which reached an all-time high of USD224 billion in 2022
.This special edition, titled International Investment Trends: Key Issues and Policy Options, analyses emerging issues significant for policy makers across the region, including international supply chain restructuring, international tax reform, investment in the energy transition, electric vehicle supply chain, and intra-ASEAN investment.
"The report was developed with technical support from the United Nations Conference on Trade and Development, and financial support from the Government of Indonesia," the ASEAN Secretariat stated in a media release on Tuesday (19/12/2023).
FDI inflows into ASEAN reached an all-time high at $224 billion in 2022, despite a 12 percent decline in global FDI flows to USD1.3 trillion due to the multitude of international crises and challenges, including geopolitical conflicts, inflated prices of food and energy, the risk of recession and mounting debt pressures in many countries around the world.
Amidst rising global uncertainty, the region continues to remain resilient and positioned itself as a top FDI recipient. The robust growth in manufacturing investment, and the increased interest in sectors related to energy transition, digital economy, wholesale and retail trade, are among the key drivers of these strong investment trends.
