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BI Governor Says ASEAN Remains Attractive for Investments

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28 April 2017 17:02 WIB

BI Governor Agus Martowardojo speaks at the launch of Indonesia's Economic Report 2016 in Jakarta on Thursday, April 27, 2017. Tempo/Angelina Anjar Sawitri

TEMPO.CO, Jakarta - Bank Indonesia Governor Agus Martowardojo believes that Asia remains attractive for global investors, considering that Asia is dominated by developing countries with exceptional economic performances and positive gross domestic product growths.

“ASEAN once again has become an attractive destination for investments. Successful recovery in Asia following a crisis is one of its proven achievements,” Agus said in Jakarta on Friday, April 28, 2017.

According to Agus, Asia’s progressive economic stability has made the region important for the global economy in the future.

After enduring economic crisis for 25 years, most Asian countries, including Indonesia, have significant influences in integrating economic agendas.

“The regional integration project creates a harmony and synergy in Asia,” Agus revealed, adding that Asian countries tend to recover from a crisis quicker than other countries.

Asia’s economy averagely grows by 5.5 percent annually over the last 15 years. The figure is noticeably higher than the global economic growth of 3.9 percent. Back in 2016, Asia’s economic growth hit 6.1 percent which was almost the same with the global economy growth at the time.

“ASEAN’s trade value contribution to the world increased by 6.9 in 2015. It indicates that the structural change in the economic sector is improving to a more open one,” Agus said.

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