BIMP-EAGA (Brunei-Indonesia-Malaysia-Philippines East- Asian Growth Area)
It was launched in 1994 as a cooperation initiative by the four national governments to close the development gap across and within the EAGA member countries as well as across the ASEAN-6 member states.
* the entire sultanate of Brunei Darussalam
* the provinces of Kalimantan, Sulawesi, Maluku and
* West Papua of Indonesia;
* the states of Sabah and Sarawak and
* the federal territory of Labuan in Malaysia;
* Mindanao and the province of Palawan in the Philippines.
BIMP-EAGA cooperation aims to increase trade, tourism and investments with and outside the ...view middle of the document...
Sabah and the Philippines has a lot of similarities and would benefit if they work together to promote their tourism.
* AirAsia direct flights from Cebu to Kota Kinabal promote trade and tourism. Sabah’s economic and development treats tourism as one of their leading sectors that contributes to their economy.
* The delegation expressed their interest in the exchange of technology between countries. Disappearance of Malaysian Airlines MH370 served as wake-up call on the importance of the exchange of technology among countries.
* Wong said that they are hoping to learn about the ICT (Information and Communications Technology) Industry in the Philippines where they describe that it is “more efficient”. Because Philippines has lots of experts in ICT
Sabah International Expo (SIE
* The event focuses on the areas of manufacturing, agriculture, green technology, real estate, automotive, services and tourism, gas and oil.
* It aims to create linkages in order to meet the demands of the BIMP-EAGA and Asean Markets
* This year’s expo (2014) is focused on their theme that is “Sabah-Hub for the Far East” along with the 4 day expo expecting the participation of 500 business leaders, policy makers, investors, venture capitalists , CEOs and diplomats from the region
* CCCI president Maria Teresa Chan says that the chamber will organize a trade mission to Sabah in September.
SAARC - South Asian Association for Regional Cooperation
Objectives of SAARC: The objectives and the aims of the Association as defined in the Charter...