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State of the Region 2024-2025

Executive Summary The Asia-Pacific region faces a complex economic landscape characterized by growth potential tempered by significant risks. Forecasts project a GDP growth rate of 3.4% in 2024, with inflation expected to moderate to around 2.3%, but challenges such as geopolitical tensions, climate change, global supply chain vulnerabilities, and ageing populations present substantial risks. These risks are exacerbated by factors such as protectionism, trade conflicts, and the increased frequency of natural disasters affecting economic stability and productivity. Survey insights reveal a region optimistic about growth but concerned about key obstacles. Among the top five risks identified are geopolitical tensions and associated sanctions, climate change impacts, and supply chain...

Pacific Currents

Global value chains: From fruitful discussions to meaningful actions
Juan Navarro, Associate Faculty, Royal Roads University


Climate change in SOTR
Christopher Findlay, Tilak Doshi and Eduardo Pedrosa


Digital Technologies, Services and the Fourth Industrial Revolutions
Submitted by Jane Drake-Brockman, Christopher Findlay, Yose Rizal Damuri and Sherry Stephenson 


COVID-19 has Exposed Major Gaps in our Social Safety Nets: In a Post-COVID World Will these Gaps be Closed?
Hugh Stephens
Vice Chair, CANCPEC; Distinguished Fellow, Asia Pacific Foundation of Canada; Executive Fellow, School of Public Policy at the University of Calgary


 Multilateral Cooperation is a Safeguard against Pandemics
Rebecca Fatima Sta Maria
Executive Director, APEC Secretariat


International cooperation during COVID-19
Sungbae An
Senior Research Fellow, Department of International Macroeconomics and Finance, Korea Institute for International Economic Policy (KIEP)


Member Updates

CNCPEC: Amb. Zhan Yongxin attended the 2023 China (Tianjin) International Fair for Investment and Trade & PECC Expo

On November 22nd to 23rd, Amb. Zhan Yongxin, Chair, China National Committee for Pacific Economic Cooperation, attended the China·Tianjin Forum for Business Cooperation and Development, and the opening ceremony of the 2023 China (Tianjin) International Trade and Investment Fair, and PECC Expo....

KOPEC: DR. Siwook Lee appointed as the new KOPEC Chair

Dr. Siwook Lee succeeds Dr. Heungchong Kim as the Chair of the Korea National Committee for Pacific Economic Cooperation (KOPEC). Dr. Lee is also the President of the Korea Institute for International Economic Policy (KIEP) and professor at the KDI School of Public Policy and Management (on...

MANCPEC: Professor Dr Mohd Faiz Abdullah appointed as the new MANCPEC Chair

Professor Dr Mohd Faiz Abdullah succeeds Mr Herizal Hazri as the Chair of the Malaysia National Committee for Pacific Economic Cooperation (MANCPEC). Professor Faiz is also the Chairman for the Institute of Strategic and International Studies (ISIS), Malaysia. A lawyer by training, Professor Faiz...

MXCPEC: Dr. Gerardo Traslosheros appointed as the new MXCPEC Chair

Dr. Gerardo Traslosheros succeeds Ambassador Sergio Ley as the Chair of the Mexico National Committee for Pacific Economic Cooperation. Dr. Traslosheros is also the Coordinator of the Global Governance Program at the UDLAP Jenkins Graduate School (UJGS) in Mexico City, and Member of the Mexican...

NZPECC: Dr. Alan Bollard appointed as the new NZPECC Chair

Alan Bollard (CNZM; PhD Auck; FRSNZ) is a Professor of Pacific Region Business at Victoria University of Wellington, and inaugural Chair for Pacific Region Business. Alan is also the Chair of the Infrastructure Commission, Chair of the cross-university Centres for Asia-Pacific Excellence, and...

HKCPEC: Prof Tam Kar Yan appointed as the new HKCPEC Chair

Professor Kar Yan TAM is Dean of the HKUST Business School and Chair Professor of Information Systems, Business Statistics and Operations Management. Prior to being Dean of the Business School, he was Dean of Students and Associate Provost at HKUST. Professor Tam is a board member of the...

The Eleventh PECC General Meeting
Concurrent Session

Infrastructure Development & BOT


September 28 - 29, 1995
Beijing, China

 

Thursday, September 28


Chairman: Mr Wang Chuanjian, Chairman of BOT Investment & Development Corporation; Member, CNCPEC

0845 Opening Ceremony & Long-Term Plan for China’s Infrastructure
  • HE Gan Ziyu, Vice Chairman of State Planning Commission, China

0915 Meeting the Challenge of Power Supply in the Region
  • Mr. Oscar Gomez, President of Peru National Electrical Power Corporation

0945 Capital Raising for a Megaproject – Case Study – Star Petroleum Co Refinery Thailand
  • Mr. Charles B. Neubecker

1015 Coffee/ tea break


1030 Developing Infrastructure Projects using BOT Structure
  • Mr. L. Markus Wilshire, Managing Partner, Brown and Wood Attorneys

1115 Infrastructure Project Finance & Execution – From an Engineer & Constructor’s Point of View
  • Mr. Gerald M. Tunnel, Jr. , Infrastructure Project Director of Raytheon Engineers & Constructors

1200 Luncheon

Public Sector and the Role of Government in Meeting Infrastructure Demands
  • Dr. Jose Antonio Ocampo, Colombian Planning Minister

1400 Chinese Financial Market Development and its role in Infrastructure Project Financing
  • Mr. Jin Jiandong, Chaiman of Board of Directors of China Guotai Securities

1415 Equitable Risk Allocation in Project Financing
  • Mr. C.K. Kung, Director of GE Capital/Asia

1500 Infrastructure Financing
  • Mr. Gaby Abdelnour, Director of Merrill Lynch Asia Pacific Investment Bank

1545 Tea & Coffee Break 


1600 On Electricity – A Basic Summary of the MEF Meeting in Vietnam
  • Mr. Peter Crowley, Executive Director, PECC Minerals and Energy Forum

1630 Reform on Investment on Urban Public Utilities
  • Mr. Wang Feixin, Secretary General of China Research Committeeon Economic System Reform

Friday, September 29


Chairman: Mr. Chen Luzhi, Executive Vice Chairman CNCPEC 

1330 The Presumption of using Foreign Capital for the Urban Facilities in China
  • HE Li Zhengdong, Vice Minister of Construction Ministry, China

1400 Development Plan for China’s Transportation System
  • HE Hong Shangxiang, Vice Minister of Transportation, China

1430 Current BOT Situation in China
  • Mr. He Ju, Deputy Director of Foreign Investment Department, State Planning Commission, China