Asean stands tall amid turmoil, has infrastructure spending worth US$7tril

Sustainable growth: (from left) PT Bank Maybank Indonesia (formerly known as BII) president Taswin Zakaria, Amirul Feisal and Maybank Kim Eng CEO John Chong sharing a light moment before the press conference. See also page 4

JAKARTA: A combination of sustained economic growth, young population and infrastructure spending estimated at US$7 trillion over the next 15 years makes Asean an attractive investment destination amid the turmoil in emerging markets.

Maybank group head of global banking Amirul Feisal Wan Zahir said that during his recent visit to New York, the conversation of global portfolio managers in their efforts to re-balance the portfolio in emerging markets, was to identify regions that had sustainable high growth.