Japanese companies are planning toincrease their investment in the Association of Southeast Asian Nations(ASEAN) countries in order to make use of their abundant materials, lowlabour costs, investment encouragement policies and abilities to adaptto new technologies.
According to Professor ofEconomics Shigeki Higashi at the Seinan Gakuin University in Japan ,the Land of the Rising Sun considers ASEAN members to be its importantpartners.
The free trade agreements (FTAs) among ASEAN member countries andbetween ASEAN and Japan are driving forces pushing the countries’economic growth, the professor said.
Higasi reckoned that the FTA between ASEAN and the group of China ,Japan and the Republic of Korea (ASEAN+3) and the FTA between ASEAN+3and India , Australia and New Zealand (ASEAN+6) would raise ASEAN’sposition in the international arena.
Japanese investors are eagerly seeking business opportunities in ASEANcountries in anticipation of the birth of the ASEAN Economic Community,expected in 2015, the professor said./.
According to Professor ofEconomics Shigeki Higashi at the Seinan Gakuin University in Japan ,the Land of the Rising Sun considers ASEAN members to be its importantpartners.
The free trade agreements (FTAs) among ASEAN member countries andbetween ASEAN and Japan are driving forces pushing the countries’economic growth, the professor said.
Higasi reckoned that the FTA between ASEAN and the group of China ,Japan and the Republic of Korea (ASEAN+3) and the FTA between ASEAN+3and India , Australia and New Zealand (ASEAN+6) would raise ASEAN’sposition in the international arena.
Japanese investors are eagerly seeking business opportunities in ASEANcountries in anticipation of the birth of the ASEAN Economic Community,expected in 2015, the professor said./.
