27-05-2025
- Business
- New Straits Times
BIMP-EAGA Summit pushes for stronger regional cooperation
KUALA LUMPUR: The 16th Brunei Darussalam-Indonesia-Malaysia-Philippines East Asean Growth Area (BIMP-EAGA) Summit seeks to promote stronger collaboration, innovative approaches, and firm political commitment to create a meaningful and lasting impact on the lives of the people.
Philippine President Ferdinand Romualdez Marcos Jr., who is chairing the summit, said this year's BIMP-EAGA Summit is especially meaningful as it commemorates significant progress since the launch of Vision 2025
"Since 2017, our cooperation has deepened, our partnerships have delivered tangible benefits for our people.
"Together, we have laid down stronger foundations for inclusive, sustainable and innovative-driven growth," he said in his opening remarks at the summit.
Marcos said joint efforts in connectivity, trade, investment, food and energy security, ecotourism, and green development have seen significant progress.
He said this reflects a strong commitment to bridging the development gap within the sub-region.
"As we convene today, let us take this opportunity to not only celebrate these milestones, but to also affirm our shared vision for a more integrated, prosperous and resilient BIMP-EAGA.
"The path ahead calls for even greater synergy, innovation and political will," he added.
BIMP-EAGA is a cooperation initiative established in 1994 to spur development in remote and less developed areas in the four participating Southeast Asian countries.
