BIMP-EAGA Roadmap to Development (2006-2010): Medium Term Thrusts and Directions

To ensure the effective implementation of the new strategies and directions, the 2nd BIMP-EAGA Summit in December 2005, the BIMP-EAGA Roadmap to Development (2006-2010) was launched. The development roadmap establishes the broad economic and sector-specific targets and guides the identification and implementation of priority cooperation projects and activities including “flagship projects” which have been identified to have the most positive impact on the subregion’s economic and social development in the short- and medium-term. Also in line with the roadmap, direct trade and investment relations with ASEAN’s dialogue partners have been enhanced, while participation of SMEs in EAGA development is being strengthened.

Under the roadmap, BIMP-EAGA will pursue the following strategic objectives:

•    Promote intra- and extra-EAGA trade, investments and tourism in selected priority sectors, namely: agro-industry and natural resources, tourism, transport, infrastructure and ICT, with particular emphasis on SME development in these sectors;
•    Coordinate the management of natural resources for sustainable development of the subregion;
•    Coordinate the planning and implementation of infrastructure support to economic integration, with active participation of the private sector; and
•    Strengthen the BIMP-EAGA institutional structures and mechanisms for effective implementation of the EAGA roadmap and action plan.