- VIVAnews/Anhar Rizki Affandi
VIVAnews - Indonesian Finance Minister, Agus Martowardojo, voiced confidence of the ASEAN leaders on the possibility of future capital inflow to ASEAN countries.
Amidst the economic downturn hitting top economies, Southeast Asia will remain unaffected as investors are to chip in investments to developing countries.
"ASEAN is one of the most important economic hubs that has contributed US$200 billion to trade and US$760 billion to investments," he said.
The huge population, now reaching 600 million in total, across Southeast Asian countries is one among many essential factors in investment.
In addition, most countries in Southeast Asia are rich in natural resources..
The foreign direct investment (FDI) in Southeast Asian region in 2010 reached US$76 billion, 10 percent of the total global FDI in developing countries.
"Singapore absorbs 40 percent of the FDI, Thailand and Malaysia get 30 percent, Indonesia and Vietnam gain 14 percent. The remaining investment goes to the rest of ASEAN members," said Agus.
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