Even though it is a developing area, Southeast Asia is already home to tens of billionaires who have built business empires across the region. Having grown their companies by working with their families or as sole entrepreneurs, ASEAN billionaires are at the head of some of the largest corporations of the region.
Southeast Asia is a critical market for the global energy sector with an important production of fossil fuels and a rapidly growing consumption of fossil fuels and electricity. At a challenging time for energy and global growth, the integration of power in ASEAN could also bring new opportunities for the region.
The development of Southeast Asia in the next 30 years will require a lot of energy. Yet, producing fossil fuels becomes challenging and clean renewable energy technologies are still in their infancy. A Bloomberg report presents how Thailand, the Philippines and Indonesia manage these new issues to power up for the future.
Here’s a new infographic that illustrates the demographic and economic challenges and reasons behind the ASEAN integration. Produced for your embedding pleasure, it clearly illustrates internal issues and global advantages for South-East Asian nations to form a strong economic block and gain a louder political voice.