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Maritime Sector Developments in ASEAN, by H.R. Vitasa and Nararya Soeprapto
date_range17 October, 1999

ASEAN member countries widely recognize that transport is among the key catalysts for socio-economic development and international competitiveness, in view of its role as a critical logistics and services support sector. Transport is an important pillar for ASEAN’s economic integration, especially in linking ASEAN closely together and in binding the ASEAN community that is vital for the future. Infrastructure facilities, principally in transport, communications and energy, are the lifeblood and nervous system of an integrated regional economy. They make trade in goods and services and capital flows possible and easier. Their availability and efficiency are a major factor in investment decisions. They themselves are the subjects and objects of trade and investment. Their construction and operation stimulate economic activity.

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