EU plans to propose €10bil investment in South-East Asia


The EU and Asean flags are on display as leaders arrive for the South-East Asia for a summit, in Brussels on Dec 14, 2022.- AFP

BRUSSELS (Bloomberg): The European Union will propose a €10 billion (US$10.6 billion) investment package to countries in South-East Asia as the European bloc seeks to strengthen ties with the region to diversify supply chains and rally support against Russia.

The investment package will be initially financed by public funds to support projects on infrastructure, energy, transport or digital, according to EU officials.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Asean , EU , investment , South-East Asia

Next In Aseanplus News

Bluefin tuna fetches record �510mil at auction
Irish PM urges ‘open trade’ during Beijing visit
Prosecutors claim Nadiem profited from Chromebook deal
Govt raises cost of contraceptives
EU 'very seriously' examining Grok over AI-generated sexual content involving minors
Gertak Sanggul beach-goers advised to be cautious following stingray incident
HK actor Lee Lung Kei, 75, says 39YO fiancee is married with a child: 'I was the 3rd party'
Ten people found guilty of cyberbullying French First Lady Brigitte Macron
Ministers welcome PM's New Year message, pledge to focus on reform, people's welfare
Asean News Headlines at 10pm on Monday (Jan 5, 2026)

Others Also Read