Australia’s Asian investment to reap economic rewards

GENERAL NEWS

AUSTRALIA’S massive $2 billion investment into its Asian neighbours will enhance trade and prosperity into the region...

Announced at the ASEAN-Australia Special Summit in Melbourne, the Albanese Government established a $2 billion investment financing facility to boost investment in...

Australia’s two-way investment with ASEAN was worth $307 billion in 2022. Two-way trade with ASEAN accounted for $178 billion in 2022, accounting for...

The initiatives fulfil recommendations from Invested: Australia’s Southeast Asia Economic Strategy to 2040, which was launched last year by Prime Minister Albanese to...

Addressing 100 Australian and Southeast Asian CEOs at the Special Summit , Prime Minister Anthony Albanese unveiled a package of focussed initiatives that represent the...

“Australia’s economic future lies in our region.

“I am proud to lead a Government that is strengthening our trade and investment ties with Southeast Asia, directly contributing to...

“These initiatives represent further investments in our future and ensure we are working with Southeast Asia as it continues to grow in economic size and reach.  “When our region prospers, Australia prospers.”

Initiatives include:

- A $2 billion Southeast Asia Investment Financing Facility (SEAIFF)  - $140 million over four years to extend the Partnerships for Infrastructure Programs

- Appointing 10 Business Champions to facilitate greater commercial links between Australia and the economies of ASEAN  - The launch of regional technology ‘Landing Pads’ in Jakarta and...

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