Partnership Announcements and Media Conferences

ASEAN-BAC Malaysia is pleased to officially announce the legacy projects and initiatives following the Chairmanship year 2025, in line with the government’s Economic Priority Deliverables (PEDs)!

Legacy Projects:

1. ASEAN Business Entity (ABE)
2. ASEAN Private Capital Markets initiative
3. ASEAN IPO Prospectus
4. ASEAN Talent Development and Mobility
5. ASEAN Common Carbon Framework, and the Malaysia Carbon Market Association (MCMA)
6. Digital Exchange Platform Malaysia

Initiatives:

1. B2B Connect Initiative
2. ASEAN Games
3. ASEAN Travel Superapp
4. ASEAN Corporate Philanthropy Framework
5. ASEAN Diversity, Equity and Inclusion (DEI) Collective
6. ASEAN Sustainability Reporting Advocacy Collaborative (ASRAC)
7. Regional & National AI Engagement Platforms

Tan Sri Nazir Razak, Chairman of ASEAN-BAC Malaysia, highlighted the unique opportunities presented by Malaysia’s leadership, saying “As we assume the Chair of ASEAN-BAC 2025, I am especially hopeful about the future of the ASEAN region for three main reasons. First, we now have a clearer understanding of ASEAN’s potential and constraints. Our objectives are pragmatic, designed to reflect our distinct history, culture, and political context rather than emulate other models. Second, a fresh generation of internationalist leaders in the region, such as Malaysia’s Prime Minister Dato’ Seri Anwar Ibrahim, is reigniting interest in regional cooperation. Third, ASEAN’s neutrality amidst global political tensions has enhanced its appeal as a prime destination for investment.” He said that Malaysia’s chairmanship is pivotal as the ASEAN Strategic Plan 2045 is launched, setting a long-term vision for regional development. With ASEAN now recognised as the world’s fifth-largest economy and a record USD 230 billion in foreign direct investment (FDI) secured in 2023, the council is focused on seizing this momentum to drive impactful initiatives.