The Role of Automotive Sector toward the Regional Economic Development

Fusanori Iwasaki and Yasushi Ueki

Chapter 12 in The Comprehensive Asia Development Plan (CADP) 3.0: Towards an Integrated, Innovative, Inclusive, and Sustainable Economy, pp 354-376 from Economic Research Institute for ASEAN and East Asia (ERIA)

Abstract: By 2040, almost all Association of Southeast Asian Nations (ASEAN) Member States (AMS) will be high-income countries, constituting a growth centre in the world economy (ERIA, 2019). Due to increasing incomes, the transportation sector will grow dramatically until 2040.

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