Opportunities in ASEAN Intergration

As AsiaOne reports, companies regard Indonesia, Myanmar and Vietnam as the best prospects for expansion once ASEAN's economic integration takes effect next year, according to a new report.

These three nations have long been regarded as the most difficult markets to penetrate but firms hope the ASEAN Economic Community will open new opportunities.

The Boston Consulting Group (BCG) survey found 40 to 50 per cent of the 230 business and government leaders it polled from within and outside ASEAN saying conditions in Indonesia, Myanmar and Vietnam are challenging due to issues such as protectionism and limited infrastructure.

But the three nations are also seen as having attractions such as growing numbers of affluent households and abundant natural resources.
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