(Manila) � The US-ASEAN Business Council convened an inaugural Post-ASEAN Transport Ministers' Meeting Roadshow, starting in Manila, as a follow-up to the Council-led business mission to the 24th ASEAN Transport Ministers Meeting in November 2018, where U.S. companies officially participated in and engaged with the ASEAN Ministers of Transport and Senior Transport Officials on priority infrastructure issues. The roadshow continued the 2018 Business Mission themes of High-Quality Infrastructure and Safety.
Ambassador Michael W. Michalak, Senior Vice President and Regional Managing Director of the US-ASEAN Business Council, is leading the Roadshow.
Over the next decade, ASEAN nations will require approximately US$210 billion per year, or 5.7 percent of its combined GDP, to address the region's infrastructure needs by 2030, said Ambassador Michalak. This massive investment need is critical to building quality infrastructure for overall regional economic development. The Roadshow reaffirms American private sector commitment to the region and our shared desire to see ASEAN continue to grow and prosper.
As the Philippines, like many other nations in the region, seeks to upgrade and expand its transportation infrastructure to support economic growth and development through its Build, Build, Build Program, 3M, along with the larger American business community, is keen to provide the necessary support in terms of expertise and science-based technology to ensure world class infrastructure projects, said Jannik BrA�msA�e Termansen, Regional Director, Government Affairs & Markets of 3M, and Chair of the US-ABC Infrastructure Committee. Where 3M has expertise, from road, rail and occupational safety to architectural design and sustainable solutions, the Philippine government can count on us to be a partner in realizing the dream of an efficient, safe, and quality transportation network in the country.
The Roadshow aims to serve as a platform for public-private collaboration and enhance the ability of changemakers to meet infrastructure goals. Mission attendees included Philippines government officials and key stakeholders, and six major U.S. infrastructure companies.
Speakers from the Asian Development Bank, Development Bank of the Philippines and BDO Unibank Inc. kicked off the roadshow by providing insight on infrastructure financing challenges and identifying opportunity areas for the Philippines government to attract private sector investment. A series of presentations by the consortium of U.S. companies followed, which featured successful case studies and best practices in addressing current challenges across the full transport infrastructure value chain and project life cycle, as well as guidance on maintaining and advancing safety through technology and design.
Through a consultative session, Philippines government officials and relevant stakeholders also had the opportunity to engage with specific U.S. companies for targeted technical guidance and expert advisory.
The Mission concluded with definitive plans to deepen partnerships with the ASEAN Transport Ministers in the areas of high-quality infrastructure and safety, in which U.S companies expressed interest in supporting ASEAN in the holistic implementation of safety across all phases of road transport and railway infrastructure projects.
Participating members from US-ASEAN Business Council's Infrastructure Committee are: Committee Chair 3M, represented by Dr. John Pournoor, International Director, Government Affairs Committee; Vice Chair Caterpillar, represented by Jeffrey Hardee, Executive Director, Asia-Pacific; Autodesk, represented by Daniel Green, APAC Director of Government Affairs; Bechtel, represented by Larry Estrada, Principal Vice President, Asia Pacific General Manager; FedEx Express, represented by Geoffrey Siebengartner, Managing Director, Government Affairs, APAC. In addition, Honeywell will also be participating in the Roadshow.
For 35 years, the US-ASEAN Business Council has been the premier advocacy organization for US corporations operating within the dynamic Association of Southeast Asian Nations (ASEAN). Worldwide, the Council's 160 membership generates over $6 trillion in revenue and employ more than 13 million people. Members include the largest US companies conducting business in ASEAN, and range from newcomers to the region to companies that have been working in Southeast Asia for over 100 years. The Council has offices in: Washington, DC; New York, NY; Bangkok, Thailand; Hanoi, Vietnam; Jakarta, Indonesia; Kuala Lumpur, Malaysia; Manila, Philippines; and Singapore.
Source: US-ASEAN Business Council,