ASEAN economy to
expand 5.6% annually through to 2019: Malaysian PM
KUALA LUMPUR, Nov. 20 (PNA/Xinhua) -- Malaysian Prime Minister Najib
Razak said here Friday that ASEAN economy is expected to expand 5.6 percent
through to 2019 with the implementation of the ASEAN Economic Community (AEC).
Addressing at the ASEAN Business and Investment Summit 2015, Najib said that
with the impending establishment of the AEC, he is confident that the
foreign direct investment inflows will continue to increase in the future.
"I am confident we can sustain the expansion of our respective economies,
bringing prosperity and higher standards of living for all of our people,"
He added that more economic opportunities and employment will be created in
ASEAN, which will continue to be an attractive destination for business and
Najib also underlined the importance of the role played by public-private
partnerships and private sector in stimulating the economy, referring to the
private sector as the driving force to unleash the full potential and create
more wealth. (PNA/Xinhua)