The Australian APEC Study Centre at RMIT has hosted a training program to enhance the investment environment in the Asia-Pacific.
The six-day program was aimed at improving investment in the region though institutional capacity building.
Participants included senior policy makers from regional economies, together with industry, government and private sector leaders including the OECD, World Bank, the Asian Development Bank and the APEC Business Advisory Council.
This was the second part of a multi-year program funded by the Aid Division of the Department of Foreign Affairs and Trade and supported by the Asian Development Bank Institute.
Specialists from regional and international agencies, academia and business were involved in the initial Investment Seminar and Policy Dialogue, held in Beijing last September.
Leaders of the Asia-Pacific Economic Cooperation (APEC) forum and the Association of Southeast Asian Nations (ASEAN) have identified the importance of enhancing clarity and transparency in investment decision-making and improving the dialogue between official agencies and the private sector as ways in which to enhance investment flows in the region.
The role of state-owned enterprises, sovereign wealth funds, pension and managed funds in investment in the region and in financing infrastructure investment are also matters of interest on the agendas of regional forums and this program focused on high level dialogue surrounding these issues.
Participating APEC economies included Chile, Indonesia, Mexico, Peru, The Philippines, Papua New Guinea, Thailand and Vietnam.
There were also participants from outside of APEC including Cambodia, India, Lao PDR, Mongolia and Myanmar.
The Australian APEC Study Centre at RMIT's College of Business promotes the nation's and the University's strategic, economic, social and educational objectives throughout the Asia-Pacific region
This was the first major program which the Centre has delivered in the University’s award-winning Swanston Academic Building (SAB).
The SAB, located on Swanston Street in the heart of Melbourne, is the new home of the Australian APEC Study Centre and the Industry Engagement Group within the College of Business.
This building showcases the latest educational technologies through interactive learning spaces in a state-of-the-art sustainable space.
The third and final instalment of the training program will be hosted in Melbourne next year.
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