Asean on track to become world's fourth-largest economy by 2030, says Nik Nazmi


KUALA LUMPUR: Asean is on track to become the world's fourth-largest economy by 2030, but growth must be inclusive to ensure that all communities benefit, said Natural Resources and Environmental Sustainability Minister Nik Nazmi Nik Ahmad.

He noted that while major urban centres like Kuala Lumpur, Bangkok, and Jakarta have high gross domestic product (GDP) levels, many areas across Asean still face significant challenges, including limited access to electricity, education, and economic opportunities.

"We are currently the fifth-largest economy, but the forecast is that by 2030, Asean can rise to fourth place.

"The challenge is not just achieving this milestone but also harnessing our economic strength to drive sustainable and equitable development for all," he told reporters after attending the Asean Youth Economic Forum (AYEF) 2025 here on Friday (Feb 14). – Bernama

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