Date: October 2017
By: EU - ASEAN Business Council
In this paper, the EU-ASEAN Business Council (EU-ABC) has looked at a number of issues that impact the development of the automotive industry in Southeast Asia. As the 6th largest automotive sales market and production base in the world, ASEAN continues to be an attractive region for growth and investment in this key industrial sector. With a burgeoning middle class looking towards increased car ownership in a region of low levels of motorisation, there is a significant opportunity for the automotive industry in ASEAN for growth in the “domestic” market. More than that, however, it can also position itself to be a global centre for production of vehicles, so long as it adopts international standards in the areas of emissions, standards, and road safety measures.
The paper is attachted below:
Share:
<p>Time: 2024 By: Ministry of Industry and Trade</p>
