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BIMP-EAGA

BIMP-EAGA

The Brunei Darussalam–Indonesia–Malaysia–Philippines East ASEAN Growth Area, or BIMP-EAGA, is a cooperation initiative established in 1994 to spur development in remote and less developed areas in the four participating Southeast Asian countries.

ADB serves as BIMP-EAGA Regional Development Advisor.

Economic and political disruptions have triggered a reconfiguration of global supply chains, which is driving more investors to ASEAN. Photo credit: iStock/Kamonchai Mattakulphon.
Article
5 March 2024

Investors Favor Southeast Asia as Economic Landscape Changes

Foreign direct investment flows to the region hit a record $224 billion in 2022.
Scaling up the production and supply of sustainable aviation fuel is critical to the decarbonization of the global air transport sector. Photo credit: iStock/aapsky.
Article
21 February 2024

Southeast Asia Poised to Become a Key Supplier of Sustainable Aviation Fuel

Rich in feedstock, the region can become an important source of biofuel, which is currently in short supply.
Over the last 2 years, 21 projects have received BKCF grant financing, including those that promote smart farming and support sustainable agriculture value chains. Photo credit: ADB.
News
8 February 2024

Korean-Backed BIMP-EAGA Fund Opens Fourth Grant Cycle

Grants ranging from $100,000 to $500,000 in store for eligible projects that support bolstering connectivity, environment, tourism, or agriculture in BIMP-EAGA.
Sasa Port is Davao Region's main seaport for domestic and international cargo. Photo credit: iStock/yullz.
Article
25 January 2024

Transforming Davao Region into a Southeast Asian Logistics Hub

The region is strategically located as a gateway to the People’s Republic of China, Japan, and ASEAN markets, including the BIMP-EAGA subregion.
Malaysia Airlines operated its first flight using fuel produced from renewable waste and residue raw materials on World Environment Day in 2022. Photo credit: Malaysia Airlines.
Article
23 January 2024

ASEAN Tourism and Transport Ministers Support Sustainable Travel

Initiatives include shifting to sustainable aviation fuel and more environment-friendly transportation modes, such as electric vehicles.
Malaysia's National Energy Transition Roadmap is expected to open up investment opportunities of between 435 billion and 1.85 trillion ringgit ($92 billion and $392 billion) by 2050. Photo credit: ADB.
Article
17 January 2024

Malaysia’s Energy Transition Plan Spells Business Opportunities in Sabah and Sarawak

The country's shift to net zero is seen to propel high-impact industries, including MSMEs, as well as attract investments and generate job opportunities.
The Maria Cristina Falls in Iligan is part of the Agus river basin system. Photo credit: iStock/maedmaetzker.
Article
8 January 2024

Reducing Flood and Climate Risks in Mindanao River Basins

The project takes into account future climate change impacts and incorporates nature-based solutions.
Economic growth in Southeast Asia continues to be constrained by weakened global demand. Photo credit: ADB.
News
3 January 2024

Southeast Asia’s Growth Slows on Weak External Demand

Low demand for manufacturing exports affected particularly the more open, bigger, and trade-oriented economies.
Developing the blue economy in Southeast Asia is expected to boost the growth of fisheries, aquaculture, and tourism, and promote investments in emerging sectors, such as renewable energy, biotechnology, and marine and freshwater-based research and education. Photo credit: ADB.
Article
2 January 2024

Southeast Asia Is Building Back Bluer

Southeast Asian countries lay the groundwork for the sustainable use of ocean and coastal resources in the region.
The average size of farms in the Philippines shrank to 0.9 hectare per family as of 2012 from almost 3 hectares in the 1980s. Photo credit: ADB
Article
22 December 2023

Why the Philippines Is Promoting Agriculture Clustering to Boost Farmers’ Income

With farmers and fishers organized as a cluster, like a cooperative, they are expected to have greater access to financing, resources, technologies, and markets.