Asean remains attractive for investors

Robust region: Feisal (left) and Chong fielding questions from reporters at the Invest Asean Singapore event. Feisal says growth in Asean has been fairly consistent.

SINGAPORE: The steady growth of Asean in the last five years is testimony that it is not affected by the flow of hot money in and out of the region.

With an estimated US$110bil a year needed for infrastructure development alone, the region remains an attractive destination for foreign investors, according to Malayan Banking Bhd (Maybank) group head of global banking Datuk Amirul Feisal Wan Zahir.