Experiences in the establishment and operation of the Brunei Darussalam-Indonesia-Malaysia-Philippines-east ASEAN growth area (BIMP-EAGA) initiative

摘要

The East ASEAN growth area (EAGA), consisting of Brunei Darussalam, Indonesia, Malaysia and the Philippines (BIMP) was launched in 1994. This paper outlines the initiatives taken since its inception, specifically, the 19 areas and sectors of economic activity identified for this purpose and achievements to date. The paper concedes that on account of the short period that EAGA has been in existence and the intervention of the Asian crisis in 1997 there are as yet few concrete results. However, the institutional arrangements created, which include strong private sector involvement, suggest that, in the long term, the area has significant potential.