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30 September 2022, 11:00 - 12:00 Indochina Time / Bangkok | By invitation only

RECI Flyer

The pandemic has severely impacted economies across the Asia Pacific region. It has drastically changed the business environment and the way people do business. Although global FDI flows had begun to bounce back at the end of 2021, they have steadily been on the decline since the first quarter of 2022 due to growing geo-political tensions. As FDI inflows into the ASEAN region were particularly hit during the pandemic, investment promotion agencies (IPAs) have been trying to adapt and find new ways to keep attracting and retaining investment to recover despite the on-going challenges posed by COVID-19. Focusing promotion efforts on boosting intraregional sustainable FDI within in ASEAN holds much promise for enabling economies within the subregion to build back better and more sustainably.

In line with the objective of the RECI to delve deeper into the specific aspects of regional economic cooperation and integration which can help further our common agenda and attain the SDGs as well as find solutions to challenges arising from recent and ongoing crises, this roundtable will explore the value of intraregional investment flows and how to maximise their potential, including through comprehensive strategies for promoting and attracting investment, towards sustained and inclusive recovery and development.

We will discuss intraregional FDI in the context of ASEAN. Intra-ASEAN FDI inflows stood at 29,924.98 (in million USD) in 2021. While lower than previous years, it is still the second highest source of FDI by ASEAN. This proves that it is in a strategic position to push for intraregional FDI, with its existing platform to create investment opportunities.

Please register here:

30 Sep 2022

MC: Ms. Madelyn Almazora, Regional Adviser, Sub-Regional Office for South-East Asia, ESCAP

Opening Remarks:

  • H.E. Dato Lim Jock Hoi, Secretary General of ASEAN
  • Ms. Armida Salsiah Alisjahbana, Executive Secretary, ESCAP
Presentation of ESCAP technical assistance work on comprehensive investment attraction and promotion strategies

Speaker: Ms. Heather Taylor-Strauss, Economic Affairs Officer, Trade, Investment and Innovation Division, ESCAP

Discussion in promoting and engaging in intraregional investment
  • Dr. Ceferino Rodolfo, Vice-Chairman and Managing Head, Board of Investments, Philippines
  • Mr. Narit Therdsteerasukdi, Deputy Secretary General, Thailand Board of Investment
  • Mr. Sivasuriyamoorthy Sundara Raja, Deputy Chief Executive Officer (Investment Promotion and Facilitation), Malaysian Investment Development Authority
  • Dr. Riyatno, S.H. LL.M., Deputy Chairman for Investment Cooperation, Indonesia


Moderator: Ms. Rupa Chanda, Director, Trade, Investment and Innovation Division, ESCAP

Way Forward and Closing Remarks
  • Mr. Ruhimat Soerakoesoemah, Head, Sub-Regional Office for South-East Asia, ESCAP
H.E. Dato Lim Jock Hoi
Secretary-General, ASEAN
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Dato Paduka Lim Jock Hoi was the Permanent Secretary at the Ministry of Foreign Affairs and Trade, Brunei Darussalam since 2006.

During his tenure, he served as Brunei Darussalam’s Senior Official for the ASEAN Economic Community Pillar (SEOM), APEC (Asia-Pacific Economic Cooperation) and the ASEM (Asia-Europe Meeting). He was a member of the High Level Task Force on ASEAN Economic Integration (HLTF-EI) since 2001, serving as the HLTF-EI Chair in 2017. He was Brunei Darussalam’s Chief Negotiator for the Trans-Pacific Partnership Agreement (TPP), as well as for the P4, precursor to the TPP negotiations. Previously, he was also the Co-Chair during the negotiations for the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA), and also served as Brunei Darussalam’s Chief Negotiator for the Brunei Darussalam-Japan Economic Partnership Agreement (BJEPA).

From June 2011-2017, he was the Chairman of the Governing Board of the Economic Research Institute for ASEAN and East Asia (ERIA). He was also on the External Advisory Board for the ASEAN 2030 Study being undertaken by the Asian Development Bank (ADB).

He entered the Government Service as an education officer in 1977 and served as principal of a Secondary School from 1981 – 1985. From February 2001 – July 2005, he was appointed as Director-General, International Relations and Trade Development, Ministry of Industry and Primary Resources. In September 2005, he was appointed as Deputy Permanent Secretary, Ministry of Foreign Affairs and Trade.

He graduated from the City of London Polytechnic in B.Sc (Hons) Economics in 1976 and received his Post Graduate Certificate of Education in 1977.

He was conferred the Order of Diplomatic Service Merit, (Gwanghwa Medal) by President of the Republic of Korea Moon Jae-in on 6 April 2022 for his contributions in strengthening relations and cooperation between ASEAN and the Republic of Korea. He was awarded The Most Honourable Order of Seri Paduka Mahkota Brunei, second Class (D.P.M.B) in 2007. He is married with two sons.

Ms. Armida Salsiah Alisjahbana
Ms. Armida Salsiah Alisjahbana
Executive Secretary, ESCAP
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Ms. Armida Salsiah Alisjahbana, Under-Secretary-General of the United Nations and Executive Secretary of the Economic and Social Commission for Asia and the Pacific took office on 1 November 2018. Ms. Alisjahbana was Professor of Economics at Universitas Padjadjaran and was Minister of National Development Planning and the Head of the National Development Planning Agency (BAPPENAS), Indonesia from 2009 to 2014. In 2016, Ms. Alisjahbana was a member of the High-Level Independent Team of Advisors to support the ECOSOC Dialogue on the longer-term positioning of the United Nations for the 2030 Agenda. Ms. Alisjahbana obtained her Ph.D. in Economics from the University of Washington, USA.

Mr. Sivasuriyamoorthy Sundara Raja
Deputy Chief Executive Officer, Investment Promotion & Facilitation, Malaysia
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A Business Administration graduate from the University of Malaya, Mr.Siva joined Malaysian Investment Development Authority (MIDA) in 1989.

Mr.Siva was posted to Germany twice to head MIDA’s office in Cologne and Frankfurt. As an overseas Director in Germany, Mr.Siva was responsible to attract foreign direct investments from Germany, Belgium, the Netherlands, Luxembourg and the eastern european countries.

Throughout most of his 33 years career with MIDA, Mr.Siva was involved in various projects on Malaysia’s industrial development, such as the equity liberalisation of the manufacturing sector; formulation of investment incentives and policies; empowerment of MIDA; coordination of the Study on Exit Strategy for Foreign Labour Intensive Industries; formulation of policies and guidelines for the establishment of Domestic Investment Strategic Fund (DISF) to accelerate the shift of Malaysian-owned companies in high technology industries; as well as the establishment of One Stop Centre & Business Travellers Centre for Short Term Business Travellers during COVID 19 Pandemic.

Mr.Siva was promoted as the Executive Director (Investment Promotion) on 1st November 2018 and moved to his current position as the Deputy Chief Executive Officer (Investment Promotion & Facilitation) effective 1st May 2021.

Rupa Chanda
Ms. Rupa Chanda
Director of Trade, Investment and Innovation Division, ESCAP
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Narit Therdsteerasukdi
Mr. Narit Therdsteerasukdi
Deputy Secretary General Office of the Board of Investment, The Prime Minister’s Office, Thailand
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Dr. Ceferino S. Rodolfo
Dr. Ceferino S. Rodolfo
Undersecretary, Industry Development and Trade Policy Group, Department of Trade and Industry
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Undersecretary Ceferino S. Rodolfo – or Usec. Perry – obtained his Economics Degree from the School of Economics of the University of the Philippines and his Master of Science in Industrial Economics, on full scholarship from the Hanns Seidel Foundation of Germany, from the Center for Research and Communication (CRC), now known as the University of Asia and the Pacific (UA&P). He likewise holds a Doctorate degree in Public Administration from the National College of Public Administration and Governance of the University of the Philippines.
As Undersecretary for Industry Development and Trade Policy, Usec. Perry has been leading the crafting and implementation of the Philippine industrial policy and international trade negotiation agenda – firmly ensuring that domestic industrial goals should drive international positions (and not the reverse), as well as the Philippine government’s bilateral trade and investment engagements with key partner economies.
In the area of Trade Policy, notable among Usec. Perry's accomplishments are the successful negotiation of the Philippines-European Free Trade Association Free Trade Agreement (PH-EFTA FTA), the Philippines’ application to the EU GSP+ Program, and recently, the substantial conclusion of the Philippines-South Korea Free Trade Agreement (PH-ROK FTA).
Concurrently Managing Head of the Board of Investments (BOI), Usec. Perry also sits on the Philippine Economic Zone Authority (PEZA) Board and Chairs the committee that coordinates the 18 investment promotion agencies across the country. In his five years as the BOI Managing Head, he has set the highest investment registration in the Agency’s 55-year history amounting to Php 1.14 trillion.

Heather Taylor Strauss
Ms. Heather Taylor-Strauss
Economic Affairs Officer of Trade, Investment and Innovation Division, ESCAP
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Ruhimat Soerakoesoemah
Mr. Ruhimat Soerakoesoemah
Head, Subregional Office for South-East Asia, ESCAP
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Mr. Soerakoesoemah is Head of the Subregional Office for South-East Asia at UN ESCAP. He initiates work on the 2030 Agenda for Sustainable Development in eleven member countries, in partnership with governments, international institutions, civil society, and private sector entities. He also leads the cooperation for the UN with ASEAN in the economic and social-cultural areas. Prior to UN ESCAP, he managed economic development programmes and delivered technical assistance in the ASEAN and the Pacific region. He has extensive experience in policy analysis, development cooperation, and regional integration in Asia and the Pacific.

Dr. Riyatno, S.H. LL.M.
Dr. Riyatno, S.H. LL.M.
Deputy Chairman for Investment Cooperation, Indonesia
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for more information, please contact

Subregional Office for South-East Asia + 66 22 88 2902 [email protected]
Trade, Investment and Innovation Division +66 2 288-1234 [email protected]
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