At Hai Phong port, Vietnam - Illustrative image (Photo: VNA)

AIR 2022 is made to facilitate a better understanding of Foreign Direct Investment (FDI) developments in ASEAN.

The report shows that ASEAN recorded a robust rebound in FDI inflows, surging by 42% to reach 174 billion USD in 2021. This increase to near pre-pandemic levels reverses the decline in 2020 caused by the COVID-19 outbreak and reflects the attractiveness of the region’s economy for global investors.

This report highlights many of ASEAN’s investment facilitation initiatives at the national and regional levels, and provides insights for foreign investors on how these initiatives could assist them in their investment decisions. It also highlights the initial assessment of the implementation of the AIFF.

The ASEAN Investment Report 2022 was prepared under a technical cooperation agreement between the ASEAN Secretariat and the United Nations Conference on Trade and Development (UNCTAD) with the support of the Australian Government through the ASEAN-Australia Development Cooperation Program Phase II (AADCP II).

As planned, AIR 2022 will be also introduced at the ASEAN Business and Investment Summit in November.