What is BIMP-EAGA
[Brunei, Indonesia, Malaysia, Philippines East ASEAN Growth Area]

Brief

BIMP-EAGA, which comprises of Brunei, Indonesia (Kalimantan, Sulawesi, Maluku & Irian Jaya), Malaysia (Sabah, Sarawak & Labuan) and Philippines (Mindanao & Palawan) is an inter-governmental effort in promoting growth in the respective areas. This is targeted to be achieved by facilitating free movement of people, goods, and services among the region, sharing common infrastructure and natural resources, among others.

The Vision

The vision for BIMP-EAGA as expressed by EAGA national, regional and local governments, is the development of the East ASEAN subregions and the uplift of the people residing in those areas through the potential of regional economic cooperation. In concrete terms, this means ensuring that EAGA becomes a major location in ASEAN of high value added agro-industry, natural resource based manufacturing and high grade tourism and that non-resource based industries are established in the Growth Area.

The Mission

The Mission is to operationalize the realization of EAGA's vision. These are :

• The maximization of individual contry gains from traditional comparative advantage with respect to rest of the world
• The energetic exploitation of complementarities among the subregions
• The extensive use of shared natural resources, technology and information
• Joint action to overcome constraints on economic development and
• The active expansion of intra-industry and intra-firm trade in the Area by fostering specialization and the regionalization of production