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ASEAN Business and Investment Summit, Bali 16 - 18 November 2011

TENTATIVE PROGRAM
2011 ASEAN BUSINESS & INVESTMENT SUMMIT
 
DAY 1, 16 NOVEMBER
09.00 – 17.00
REGISTRATION*
 
Venue: Melia Bali, Villas and Spa Resort, Nusa Dua
 
*Registration for all delegates is open from 15 November 2011
 
07.00 – 13.00
NETWORKING GOLF AND LUNCHEON
 
Hosted by:
·         H.E. Gita Wirjawan, Minister of Trade of Republic of Indonesia
 
Venue: Bali Golf Country Club
 
18.00 – 19.30
WELCOME COCKTAIL
 
Hosted by:
·         H.E. Gita Wirjawan, Minister of Trade of Republic of Indonesia
 
Venue: Westin Hotel
 
DAY 2, 17 NOVEMBER
 
08.00 – 09.55
 
REGISTRATION
Venue: Bali International Convention Centre (BICC)
 
OPENING SESSION
10.0010.10
WELCOME REMARKS
10.1010.20
WELCOME REMARKS
10.2010.35
KEYNOTE ADDRESS
10.3510.50
KEYNOTE ADDRESS AND OPENING CEREMONY
10.50 11.00
 
PHOTO SESSION AND BREAK
 
 
11.00 12.30
                   
SETTING THE SCENE: RE-ENVISIONING THE 21ST CENTURY GLOBAL ECONOMIC ARCHITECTURE
 
General Discussion:
Seeking financial stability and managing growth in an uncertain global economic and political landscape is a challenge that is not singular to any one country.How do we capitalize on current strengths and continue to expand regional economic, financial and trade cooperation to manage and avert future risks?
With four years remaining to achieve the ASEAN Economic Community (AEC), this session aims to extract the views of prominent panellists to discuss where AEC stands at the moment, and gauge the relevance of the current integration process vis-à-vis the global economic condition. Development agendas will be discussed, including how the private sector can play a role in the acceleration of the ASEAN integration process.
 
 
12.3014.00

LUNCHEON: PROMINENT SPEAKER TO PROVIDE KEYNOTE
Venue: Nusantara Room, BICC
 
14.00 – 15.30
PARALLEL SESSIONS: BULDING AN INTERCONNECTED
ASEAN ECONOMIC COMMUNITY
Session 1
BUILDING A SUSTAINABLE FUTURE
 
 
Objective:
To identify challenges which arise from climate change, and pinpoint solutions where the private sector can contribute.
This session will also look into the growing concern of food shortages in the region.
 
 
 
Questions:
·          How serious is the global food crisis and what short-term and long-term impact does it have to ASEAN?
·          What can the private sector of the region do to promote environmentally sound activities?
·          How is ASEAN affected by the global food crisis taking into consideration the region’s position as food producers?
·          Are there any efforts to get more participation and involvement from the private sector? Grants, Tax incentives, etc.?
·          What is the contribution of clean energy to current total energy usage and how will the trend evolve?
 
Venue: Bougainville & Orchid Room, BICC
 
Session 2
CAPITALISING ASEAN CONNECTIVITY
 
 
Objective:
To identify the importance of connectivity in the ASEAN region with the context of the role of the private sector.
This session will also look into the Master Plan of ASEAN Connectivity deeper and how the growth of the infrastructure sector in can help narrow development gaps in ASEAN.
 
Questions:
·          What is the current position of the Master Plan of ASEAN Connectivity and is the Private Sector happy with the current progress?
·          What will change in the ways private sector carry out their businesses upon full implementation of the Master Plan?
·          Apart from telecommunication projects, why are there only few successful PPPs in infrastructure?
·          How does the newly developed, ASEAN Infrastructure Fund work?
·          How influential are regional and national level infrastructure funds (i.e. Indonesia Infrastructure Guarantee Fund)?
 
 
 
Venue: Hibiscus & Frangipani Room, BICC
Session 3
ENTREPRENEURSHIP AND INNOVATION: ENGINES OF FUTURE GROWTH
Objective:
To identify the challenges commonly faced by entrepreneurs, and how to better prepare ASEAN entrepreneurs to penetrate both the ASEAN and global market. 
This session will also discuss the importance of fostering entrepreneurship in the region as one of the key drivers to growth.
 
Questions:
·          How can we create a conducive ecosystem for entrepreneurship and innovation to drive economic growth?
·          How do to better embrace technology to enhance the performance of our business?
·          What are the main components that make a business idea successful?
·          How do we build a community of socially responsible entrepreneurs?
·          Given the current global financial status, how important are the roles of entrepreneurship and innovation in determining the success of a business? 
 
 
 
 
Venue: Medan Room, BICC
 
 
15.3015.45
COFFEE/TEA BREAK
 
15.45 – 17.30
 
 
ASEAN: THE HARBOUR OF INVESTMENT
 
Objectives:
·         To provide a platform where panellists may share their insights and expertise on why ASEAN is the current ‘harbour of investment’;
·         To highlight the various range of opportunities in investing in the ASEAN region;
·         Allow investors and representatives from within ASEAN and Dialogue Partners to highlight the benefits and concerns in investing in the region; and
·         To provide ASEAN stakeholders with private-sector feedbacks on the level of efficiency of investment facilitation and services currently existing in the region.
 
Questions:
·         How will the current global financial crisis impact the flow of foreign direct investments (FDI) into ASEAN countries?
·         Given the current status of the global financial environment, how attractive is ASEAN as a market and as a destination for investment?
·         What do the Governments of ASEAN and the private sector need to do to further promote intra and attract extra-ASEAN investments?
·         How efficient are the services currently provided by ASEAN Member States for investors i.e. one-stop shop, after-care services, etc.?
·         What is the role of ASEAN Board of Investments in promoting ASEAN businesses abroad?
 
Venue: Nusa Indah Hall, BICC
 
 
19.30 – 21.30
 
ASEAN BUSINESS AND INVESTMENT SUMMIT GALA DINNER
 
·         Keynote Address
·         Presentation of the 2011 ASEAN Business Awards
·         Gala Dinner hosted by ASEAN Business Advisory Council
 
Venue: Taman Bhagawan, Tanjung Benoa
 
DAY 3, 18 NOVEMBER
 
09.00 – 09.20
 
OUTWARD BOUND: STRENGTHENING PARTNERSHIPS AMIDST UNCERTAINTY
 
General Discussion:
Day 3 will aim to explore the ‘outward looking approach’ of ASEAN from a business and investment perspective. This opening session will discuss in length the importance of continually enhancing the region’s business/investment relations with the existing dialogue partners to accelerate developments in areas such as food security, climate change, connectivity, SME and entrepreneurship development.
 
With the United States and Europe facing another economical downturn, this final day of ASEAN-BIS will set the stage for growing role of ASEAN in the global community.
 
Venue: Nusa Indah Hall BICC
 
09.20 – 09.30
COFFEE/TEA BREAK
 
09.30 – 10.45
 
ASEAN-REPUBLIC OF KOREA (ROK)
 
Background:
The ROK was accorded a full Dialogue Partner status by ASEAN in July 1991.
 
Compared to the 22.6% decline in global trade in 2009, the total trade between ASEAN and ROK showed a strong performance in 2009 with only a slight decline of 4.5% from the previous year, reaching the level of USD 74.7 billion from USD 78.3 billion 2008.
 
The 2009 value of total trade between ASEAN and ROK was much higher than its pre-crisis level, which was USD 61.2 billion in 2007. Total flows of foreign direct investment (FDI) from ROK declined by 10.21 per cent in 2009 with ASEAN receiving a substantial amount of FDI of USD 1.4 billion last year.
 
Objective:
To highlight business opportunities between the two regions and also to shine light on AKFTA.
 
Venue: Nusa Indah Hall BICC
 
10.55 – 12.10
 
ASEAN-JAPAN
 
Background:
The Framework Agreement on Comprehensive Economic Cooperation Between ASEAN and Japan was signed on 08 October 2003 in Bali, Indonesia. ASEAN and Japan Leaders were encouraged to support the development of an ASEAN Master Plan on Connectivity and an infrastructure development fund for ASEAN.
 
Relations between the two sides have deepened, while economic cooperation blossomed. Japan is one of ASEAN's most important trading partners, with total trade between the two exceeding US$ 160 billion in 2009. Japan has also been one of the top investors in ASEAN, with close to US$ 6 billion in the same year.
 
Objective:
To highlight business opportunities between the two regions in the midst of Japan’s recovery from the 2010 natural disasters
 
Venue: Nusa Indah Hall BICC
12.10 -13.30
LUNCHEON: PROMINENT SPEAKER TO PROVIDE KEYNOTE
Venue: Nusantara Room, BICC
 
13.30 – 14.45
 
ASEAN-INDIA
 
Background:
ASEAN-India dialogue relations have grown rapidly from a sectoral dialogue partnership in 1992 to a full dialogue partnership in December 1995. The ASEAN-India TIG Agreement entered into force on 1 January 2010.  The signing of the ASEAN-India Trade in Goods Agreement paves the way for the creation of one of the world’s largest FTAs – a market of almost 1.8 billion people with a combined GDP of US$ 2.8 trillion. The ASEAN-India FTA will see tariff liberalisation of over 90 per cent of products traded between the two dynamic regions, including the so-called “special products,” such as palm oil (crude and refined), coffee, black tea and pepper. Tariffs on over 4,000 product lines will be eliminated by 2016, at the earliest.
 
ASEAN and India are also working on enhancing private sector engagement with the reactivation of the ASEAN-India Business Council (AIBC) and increase participation from the Federation of Indian Chambers of Commerce and Industry (FICCI).
 
Objective:
To highlight and explore business opportunities amongst ASEAN Member States and India
 
 
Venue: Nusa Indah Hall BICC
 
14.45 – 16.00
 
ASEAN-US
 
Background:
For the US, ASEAN has been one of the fastest growing export markets. Total trade between ASEAN and the US increased from US$ 135 billion in 2004 to more than US$ 149 billion in 2009. As for foreign direct investment (FDI), the inflow from the US to ASEAN Member States was US$ 3.3 billion in 2009, accounting for 8.5% of total FDI in the region. Total American FDI into ASEAN from 2007 to 2009 was US$ 16.5 billion. In the same period, total tourist arrivals in ASEAN from the US were 7.1 million.
 
Objective:
To highlight business opportunities between the two regions with focus on transfer of technology from the US to ASEAN Members States.
 
Venue: Nusa Indah Hall BICC
 
16.00 – 17.15
 
ASEAN-AUSTRALIA
 
Background:
As its first Dialogue Partner, Australia has a longstanding and deep relationship with ASEAN, covering cooperation in a range of areas including security, culture, trade, education and development.
 
ASEAN is one of Australia’s major trading partners, accounting for 15 per cent of Australia’s trade, totalling over A$80 billion in 2010. In contrast, Australia’s investment links with ASEAN are small, with ASEAN attracting only three per cent of Australia’s total foreign investment in 2010.
 
The ASEAN-Australia-New Zealand (AANZFTA) was signed on 27 February 2009, and subsequently entered into force for most signatories on 1 January 2010. It has now entered into force for all signatories, except Indonesia. Covering over 620 million people and a combined GDP of A$3.5 trillion, AANZFTA is the largest FTA Australia has entered into, and is the most comprehensive FTA that ASEAN has signed. AANZFTA provides a solid platform for strengthening and deepening the economic relationship between Australia and ASEAN.
 
Objective:
To explore the potential for growth in the trade and investment relationship and to encourage business to utilise opportunities.
 
 
Venue: Nusa Indah Hall BICC
 

SPECIAL SESSION WITH LEADERS OF ASEAN AND INVESTMENT PARTNERS
 
17.30 – 18.30
 
 
LOOKING BEYOND ASEAN COMMUNITY 2015
 
Objectives:
This session will look at the ever-growing importance of ASEAN, predominantly in the areas ofmaintaining regional political stability, encouraging economic development, as well as in the shaping of the regional architecture of East Asia.
 
It is hoped that Leaders in this session will also give their insights and predictions on how ASEAN Members State will interact amongst each other and with the rest of the world post the 2015 target.
.
Venue: Nusa Indah Hall BICC
18.30 – 19.30
CLOSING REMARKS
 
 



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