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ASEAN Business Advisory Council (ASEAN-BAC) Planning to Setup Regional Private Markets Association in 2025 to Unlock $60 Billion in Private Equity & Venture Funding to Support Small & Medium-Sized Enterprises (SMEs) in Southeast Asia
30th May 2025 | Hong Kong
The ASEAN Business Advisory Council (ASEAN-BAC) is planning to setup a regional private markets association in 2025 to unlock $60 billion of funding in private equity & venture funding to support Small & Medium-Sized Enterprises (SMEs) in Southeast Asia. Profile – The ASEAN Business Advisory Council (ASEAN-BAC) was established by ASEAN leaders at the 7th ASEAN Summit in November 2001 in Bandar Seri Begawan, Brunei. Launched in April 2003, ASEAN-BAC was set up with the mandate to provide private sector feedback and guidance to boost ASEAN’s efforts towards economic integration. Aside from providing private sector feedback on the implementation of ASEAN economic cooperation, the Council also identifies priority areas for consideration of the ASEAN Leaders. Accordingly, ASEAN-BAC’s activities are primarily focused on reviewing and identifying issues to facilitate and promote economic cooperation and integration. Each ASEAN member government appoints three high-level CEOs—including one representing small and medium-sized enterprises—to ASEAN BAC. Ministerial-level government focal points assist ASEAN BAC in fulfilling its mandate.
“ ASEAN Business Advisory Council (ASEAN-BAC) Planning to Setup Regional Private Markets Association in 2025 to Unlock $60 Billion in Private Equity & Venture Funding to Support Small & Medium-Sized Enterprises (SMEs) in Southeast Asia “
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ASEAN Business Advisory Council (ASEAN-BAC) Planning to Setup Regional Private Markets Association in 2025 to Unlock $60 Billion in Private Equity & Venture Funding to Support Small & Medium-Sized Enterprises (SMEs) in Southeast Asia
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