Over 300 Business People, Academia to Attend ABIS 2016


More than 300 business people, academia, and speakers from institutes in and out of ASEAN are expected to attend the ASEAN Business and Investment Summit 2016 (ABIS 2016) next month.The number was reported by the Lao National Chamber of Commerce and Industry (LNCCI) yesterday.

According to LNCCI, ABIS 2016 will coincide with the 28th ASEAN Summit with the summit providing a platform for the business community to engage with ASEAN leaders, business leaders, entrepreneurs and key decision makers.

ABIS 2016 is also where the ASEAN private sector can identify, discuss and develop answers to pressing issues that impact the region’s investment attractiveness and business potential.

It hopes to bring into focus the opportunities, requirements and questions faced by the private sector, and explore the myriad of possibilities brought forth by the onset of the recently created ASEAN Economic Community (AEC).

ABIS 2016 is a platform for business leaders to meet global and regional leaders from different investment, business and academic backgrounds.

The summit hopes to allow participants to also explore new ideas, challenge perspectives, outline opportunities, and network.

The theme of ABIS 2016 is Operationalising AEC-Turning Vision into Reality. It relates to issues such as Complementing Regional and Global Free Trade Agreements, Fast Tracking Business Development and Integration in Energy, Infrastructure and Environment, Global Mega trend and Regional Integration, AEC Sustainable Economic Development, the Future of Technology, Micro Small and Medium Enterprises (MSMEs) Engine for Growth and the role of youth and women in business, as well as Trade and Transport Facilitation.

Mr. Oudet Souvannavong, President of LNCCI and the Chairman of ASEAN Business Advisory Council (ASEAN BAC) 2016, had signed a memorandum of understanding (MoU) with ST Bank Deputy Director Mr. Ekalard Rattanachan for the amount of US$50,000 as a gold sponsor to the summit.

Mr. Oudet also signed a MoU with Mr. Akio Furuse of the Nikkei Asia Review to make Japan as a Strategic Media Partner for the summit while also signing a Silver Sponsorship Agreement with Mr. Kalin Sarasin, Director Government Liaison and Public Affairs, Siam Cement Group (SCG) for the amount of US$25,000.

The signings were made in Bangkok, Thailand, in the presence of Vice President of LNCCI and ASEAN-Bac Laos, Mr. Thanongsinh Kalagna as well as the Vice President of the Thai Chamber of Commerce and ASEAN-Bac Thailand, Mr. Phairush Burapachaisri.

The ABIS 2016 summit will be held from September 5-7 in Vientiane.

Source: Vientiane Times