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| BIMP-EAGA NORTH SULAWESI |
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The Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area, or BIMP-EAGA, was launched in 1994 as a cooperation initiative by four of Southeast Asia's Most economically dynamic countries: Brunei Darussalam, Indonesia, Malaysia, and the Philippines.
Its goal is to accelerate economic development in focus areas which, although geographically distant from their national capitals, are in strategic proximity to each other in one of the world's most resource-rich regions.
BIMP-EAGA cooperation aims to increase trade, tourism, and investments within and outside the sub region by:
- Facilitating the free movement of people, goods, and services;
- Making the best use of common infrastructure and natural resource; and
- Taking the fullest advantage of economic complementarities..
The BIMP-EAGA initiative is market driven, and operates through a decentralized organization structure involving the four governments and the private sector.
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| NEWS |
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2011-11-09 : Joint Statement
Joint Statement of the Seventh Brunei Darussalam – Indonesia – Malaysia – The Philippines East ASEAN Growth Area Summit (7th.......readmore |
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2011-11-08 : JENESYS Invitation Program for Fisheries
JENESYS Invitation Program For Fisheries
24 participants from the BIMP-EAGA countries representing the government officials from agencies responsible for Fisheries Development.......readmore |
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2011-11-08 : 7th BIMP-EAGA Summit
7th BIMP-EAGA Summit (23 MAy 2011)
Jakarta, Indonesia – 8 May 2011: The 7th BIMP-EAGA Summit, chaired by the President of.......readmore |
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2011-11-08 : 6th BIMP-EAGA Transport Ministers Meeting
The 6th BIMP-EAGA Transport Ministers Meeting
The 6th BIMP-EAGA Transport Ministers Meeting was held on July 27 in Cagayan De Oro.......readmore |
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| Vast Resources |
BIMP-EAGA covers a land area of 1.6 million square kilometers and has a combined population of 57.5 million.
It Comprises the entire sultanate of Brunei Darussalam; the province of Kalimantan, Sulawesi, Gorontalo, Maluku, and Papua in Indonesia; the states of Sabah and Sarawak, and the Federal Territory of Labuan in Malaysia; and the island of Mindanao and the Province of Palawan in Phillipines.
The subregion has exceptional natural resources, encompassing two of the world’s largest rainforests (in Borneo and Papua), and the most biodiverse marine ecosystem in its existence. |
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| Global Trading Hub |
The areas comprising BIMP-EAGA are strategically located along some of the world’s busiest shipping routes. The subregion has a long history of participation in the global economy, stretching back to the silk and spice trade between Europe, China, and other part of Asia.
EAGA has great potential in supplying the export markets of ASEAN, North and South Asia, and the Middle East, following the expansion of its air, shipping, and land transport links and the development of and increasingly supportive investment climate. |
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| BIMP-EAGA's Strengths |
Agro-Industry. BIMP-EAGA is already a leading producer of key agriculture products, such as coconut, palm oil, livestock and poultry, and high-value tropical fruits and vegetables. There are opportunities for expended production, complementation, processing and export, with a focus on speciality markets such as the halal food trade.
Fisheries. The Subregion is a global center of the production and processing of important marine products, with tuna and seaweed among its major exports.
Tourism. EAGA is one of the world’s leading ecotourism destinations. Increasing number of visitors are attracted by its pristine rainforest and vast coral reefs, ethnic diversity, and wide range of accommodations, from budget hotels to luxury resorts. Favorite tourist activities include cultural visits and adventure sports such as diving, snorkeling, trekking, mountain climbing, and game fishing.
Transport and Shipping. BIMP-EAGA is well connected by sea and air to most major cities in Asia. To ensure its competitiveness, the subregion continually upgrades its airports and seaports, improves its interconnectivity, and implements agreements facilitating cross-border movement. It holds excellent prospects for cargo and passenger carriers, as well as travel and tour operators.
Energy. Energy resources are abundant in BIMP-EAGA. In addition to oil, natural gas, and coal resources, it offers investment opportunities in the renewable energy sector, taking advantage of geothermal, biomass, hydro and wind power. |
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