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BIMP-EAGABrunei-Indonesia-Malaysia-Philippines East-Asian Growth Area
BIMP-EAGABrunei Darussalam Indonesia Malaysia the Philippines - East Asean Growth Area
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Senior official representatives from BIMP-EAGA met in Darwin last month as part of the Northern Territorys efforts to re-connect with the group.
The BIMP-EAGA growth area consists of Brunei, the regions of Kalimantan, Sulawesi, Irian Jaya and Maluku in Indonesia, the Malaysian states of Sabah and Sarawak and the Federal Territory of Labuan, and Mindanao and Palawan in the Philippines.
The leaders said in their joint statement released after the summit that they want to ''enhance the BIMP-EAGA initiatives by strengthening the institutional set-up of the BIMP-EAGA sub-regional cooperation.
BIMP-EAGA is the Brunei Indonesia Malaysia Philippines-East ASEAN Growth Area.
With the aim of re-connecting and re-engaging with BIMP-EAGA, NT is set to discuss previous involvement and areas of cooperation particularly to inflame discussions on its fifth strategic pillar the socio-cultural and education aspect of the sub-regional cooperation taking full advantage of the opportunities between the two countries on November 17-20, 2015 at Darwin, Australia.
Responding to criticisms of slow growth in the region, Daim suggested the BIMP-EAGA conference in Darwin would be a starting point to turn around such perceptions.
The Northern Territory Government is committed to engaging with its neighbours and this meeting is the first step in re-connecting with the BIMP-EAGA group of nations dumped by the previous Territory Labor Government, Mr Styles said.
Since I brought up to (Mahathir) in Malaysia the idea of reviving BIMP EAGA and he was quite enthusiastic about it, I hope to do the same in Brunei, especially because the sultan of Brunei has been looked upon as a leader of BIMP-EAGA,'' she said.
The conference could build on the economic turnaround that had been gathering momentum in the BIMP-EAGA region.
It is hoped to develop links between NT-based financial institutions and BIMP-EAGA banks.
Our marketing focus is on the captive BIMP-EAGA markets where the AFTA (Asia Free Trade Agreement) is still in its infancy.
BANDAR SERI BEGAWAN, Brunei, April 23, 2014 /PRNewswire-iReach/ -- Enterprise Asia hosted the Asia Pacific Entrepreneurship Awards (APEA) 2014 BIMP-EAGA at the Empire Hotel & Country Club, on Sunday 13[sup.