Four ASEAN members, including Brunei, Indonesia, Malaysia and the Philippines, on April 25 will hold discussions on the ASEAN Connectivity Plan as part of the 22 nd ASEAN Summit to be held in Bandar Seri Begawan, Brunei this week.

According to a media statement released by the organisers, the programme, titled “the ninth Brunei-Indonesia-Malaysia-Philippine East ASEAN Growth Area (BIMP-EAGA)”, attempts to improve economic integration between the countries as part of the ASEAN effort to become a EU-like organisation by 2015.

Besides accelerating the implementation of existing and new proposed projects, the ongoing works are also to enhance the operational mechanism of BIMP-EAGA, the statement said.

Leaders of the four countries are expected to debate on accelerating the implementation of the prioritised infrastructure projects in the region, especially in transportation, energy, trade and information technology.

Private Equity International magazine estimated that ASEAN will need around 1 trillion USD in the next seven years to reach its infrastructure targets.-VNA