One of BIMP-EAGA’s defining characteristics is the strong partnership between the private and public sectors, with each playing a clearly defined role.
Since its inception, BIMP-EAGA recognized for growth in the subregion to be sustainable it must be market-driven and private sector-led. The private sector is thus considered as the primary engine for BIMP-EAGA’s growth.
The role of the public sector is that of facilitator and enabler. As such, the participating governments are committed to provide BIMP-EAGA with:
• A facilitative framework created by coordinating and harmonizing public policy to establish a unified business climate conducive to investment
• Adequate physical infrastructure needed to link the businesses of the subregion and to improve their access to regional and global markets
• An effective commercial infrastructure, by providing avenues for financing, information, and skills to improve entrepreneurial capacity and capability.