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PIA Press Release
2007/11/19

Backgrounder on 4th BIMP-EAGA Summit on 19 November 2007 in Singapore

as released by Press Secretary Ignacio R. Bunye

The 4th BIMP-EAGA (Brunei Darussalam-Indonesia-Malaysia-Philippines/East Asean Growth Area) Summit will be held in the Jurong Ballroom of the Shangri-La Hotel, Singapore on 19 November 2007. It will be chaired by His Majesty Sultan Haji Hassanal Bolkiah Mu'izzaddin Waddaulah in Brunei Darussalam's capacity as current Chair of the BIMP-EAGA.

Secretary Jesus Dureza (Standing Chairman of the BIMP-EAGA Ministerial Meeting) will report to the Leaders on the accomplishments and developments that have transpired in the sub-region in accordance with the implementation of the BIMP-EAGA Roadmap for Development 2006-2010 and the directives given during the 3rd BIMP-EAGA Summit.

The Progress Report will present the achievements in increasing connectivity in the BIMP-EAGA, such as:

  • the new MOUs on land and sea linkages

  • recent initiatives of the business sector and local governments to spur investments such as the 1st BIMP-EAGA Investment Conference (Icon) and the 1st BIMP-EAGA ICT Conference held back to back in Davao City on 22-24 October 2007

  • adoption of a Customs Action Plan for the sub-region.

    During the Summit, the Leaders will note the sub-region's efforts on environmental conservation through the Heart of Borneo Project and the Coral Triangle covering the Sulu-Sulawesi Marine Eco-Region and acknowledge ADB's two proposed projects in the area under its Archipelagic Southeast Asia Regional Environment Program (ASEA RCSP).

    The BIMP-EAGA Leaders will endorse the Progress Report and discuss future directions of BIMP-EAGA and issue new directives on sub-regional cooperation. A joint statement will be issued following the Leaders Meeting. (OPS) [top]

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