2025年东盟投资报告：外商直接投资与供应链发展

Foreign Direct Investment andSupply Chain Development ASEAN Investment Report2025 Foreign Direct Investment andSupply Chain Development The Association of Southeast Asian Nations (ASEAN) was established on 8 August 1967. The MemberStates are Brunei Darussalam, Cambodia, Indonesia, the Lao People’s Democratic Republic, Malaysia,Myanmar, the Philippines, Singapore, Thailand and Viet Nam. The ASEAN Secretariat is based in Jakarta, Indonesia. For inquiries, contact: The ASEAN SecretariatCommunity Relations Division (CRD)70A Jalan SisingamangarajaJakarta 12110, IndonesiaPhone: (62 21) 724-3372, 726-2991Fax: (62 21) 739-8234, 724-3504E-mail: public@asean.org Catalogue-in-Publication Data ASEAN Investment Report 2025 - Foreign Direct Investment and Supply Chain DevelopmentJakarta: ASEAN Secretariat, October 2025 332.673951. ASEAN – Investment – Foreign Direct Investment2. Supply Chain Development – Policy ASEAN: A Community of Opportunities for All The text of this publication may be freely quoted or reprinted, provided proper acknowledgement isgiven and a copy containing the reprinted material is sent to Community Relations Division (CRD) of theASEAN Secretariat, Jakarta. General information on ASEAN appears online at the ASEAN Website: www.asean.org Copyright Association of Southeast Asian Nations (ASEAN) 2025.All rights reserved. This publication was prepared by the ASEAN Secretariat and the United Nations Trade and Development(UNCTAD), and supported by the Government of Australia through the Australia for ASEAN Futures Initiative(Aus4ASEAN Futures). The map in this publication is only indicative and is not drawn to scale. Disclaimer The ASEAN Investment Report is produced to facilitate a better understanding of FDI developments inASEAN. The findings, interpretations, and analysis in the Report should be treated with care, as work onharmonising and improving FDI quality across the region is on-going. The ASEAN Secretariat and UNCTAD have taken due diligence in the preparation of this publication.However, they shall not be held liable for any omissions or inaccuracies in the content of this publication.Neither the ASEAN Secretariat, UNCTAD or the Government of Australia accepts any liability for anyclaims, loss or expenses that may arise or arising from use of information in this publication. Reliance onthe information is at the user’s sole risk/responsibility. FOREWORD ASEAN has firmly established itself as a premier global destination for foreign direct investment(FDI), maintaining its position as the leading recipient among developing regions for fourconsecutive years. In 2024, FDI inflows to ASEAN demonstrated remarkable resilience with8.5 percent growth, reaching an impressive US$226 billion. Notably, intra-ASEAN investmentsaccounted for an increasingly significant 14 percent share. This achievement stands in sharpcontrast to the global FDI landscape, where flows declined by 11 percent in 2024, or anotherdecline for the second year running, underscoring ASEAN’s emergence as the pre-eminent hubfor manufacturing, financial services, and innovation-driven investments within a rapidly expandingdigital economy. FDI continues to play an instrumental role in driving ASEAN’s supply-chain intensive sectors,including textiles, automotive, semiconductors, and the digital economy. To sustain smooth supplychain operations and foster a robust FDI environment, ASEAN must address critical constraints,including the availability of skilled labour, infrastructure and logistics capacity, port congestion,access to trade finance, and mutual recognition of standards and certifications. In addition,reliable access to renewable energy has become increasingly vital as companies accelerate theirtransition toward sustainable energy sources. In this context, coordinated regional efforts areessential for strengthening the region’s competitiveness as a global supply chain hub. TheASEAN Investment Report 2025was developed against a backdrop of rapidly evolving globalgeo-economic challenges, encompassing trade policy uncertainties, comprehensive supplychain restructuring, accelerating digital transformation, and emerging multidimensional risks suchas climate change. This Report provides a comprehensive analysis of these developments andhow they reshape the FDI and supply chain landscape across ASEAN Member States. It offerscritical insights into trade, industry, and supply chain dynamics that influence FDI patterns, whileemphasizing the need to align with the Sustainable Development Goals (SDGs), promote genderinclusivity, and build systemic resilience. I extend my sincere appreciation to the United Nations Trade and Development (UNCTAD) for itsvaluable work and partnership with ASEAN Secretariat on the ASEAN Investment Reports, aswell as to the Government of Australia for supporting this publication. As ASEAN advances the ASEAN Community Vision 2045 and implements the ASEAN EconomicCommunity Strategic Plan 2026-203