Unlock ASEAN opportunities
with OCBC’s Twin Hub
Strategy

Singapore is a beacon for businesses seeking to tap opportunities of ASEAN, offering a unique combination of advantages that make it an ideal destination for investment. Its highly developed infrastructure, skilled and diverse workforce, and vibrant ecosystem of innovation and entrepreneurship provide the perfect foundation for businesses to thrive.

Malaysia is home to many multinational firms across industries spanning manufacturing and services, with its business-friendly policies and skilled workforce underpinning its growth. It has five dedicated economic corridors to unlock growth through strategic projects and infrastructure development. The development of the Johor-Singapore Special Economic Zone represents yet another economic milestone, and will offer collaboration opportunities for enterprises with presence in both Singapore and Malaysia.

Indonesia is the largest economy in ASEAN, and also the fourth most populous country in the world. With approximately half its 270-million strong population under the age of 30, its demographic dividend offers a sturdy middle class with increasing consumer demand. Flagship collaboration projects under the Belt and Road Initiative such as the Jakarta-Bandung High Speed Railway reflect investment appetite, while high-growth industries such as manufacturing, infrastructure, and renewable energy underpin robust bilateral trade and investment.

Vietnam’s business-friendly environment, competitive labour costs, and favourable investment policies have made it an ideal hub for manufacturing, trade, and investment in recent years. It is a signatory to multilateral trade agreements such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, and plays a key role in global manufacturing and supply chains. Its geographical proximity to China also makes it a natural port of call for firms already in China looking to deepen their footprint in the region.

Renowned as a travel destination, Thailand offers much potential for consumer services as its tourism industry continues to thrive. It is also an up-and-coming manufacturing powerhouse, with its strategic location and well-established trade networks supporting a burgeoning export market. The country's Eastern Economic Corridor initiative – which aims to develop the country’s eastern provinces into a leading economic zone – also offers vast potential for industries such as aerospace, automotive and logistics.