Guidance

Growth Gateway: ASEAN Industrial Projects Based Initiative (AIPBI) framework (summary)

Published 20 April 2026

The ASEAN Industrial Projects Based Initiative (AIPBI) framework, prepared by Boston Consulting Group for the Growth Gateway programme, responds to shifting global value chains and the need for deeper industrial co-operation across ASEAN. It builds on lessons from earlier schemes and reinserts industrial co-operation into ASEAN’s core economic agenda. The document cites potential GDP uplift of about 1.5% by 2030, and USD 12.8 billion in value add.

Its strategic goals target competitiveness, resilience, improved sectoral co-operation and sustainable, equitable development, including opportunities for small businesses. Five guiding principles establish a common context for industrial co-operation in the region: win mindset, strong private ownership, inclusive processes, alignment with goals, and a non‑binding approach that preserves sovereignty.

Facilitation can address 4 areas, covering movement of goods, movement of talent, blended finance mobilisation and co-ordination of industrial policies. Support aims to ease customs and tariffs, streamline skilled mobility, crowd in concessional capital, and harmonise rules to build investor confidence and link small businesses.

Projects are surfaced by National Senior Economic officials, using a short proposal against common eligibility criteria. Independent technical experts validate proposals, and a focus group co-ordinates facilitation benefits with relevant ASEAN sectoral bodies. Eligible projects must need facilitation, benefit at least 2 member states, and contribute to environmental and social objectives.

The AIPBI will be implemented in a phased and practical approach using best‑endeavour participation, leveraging ASEAN’s existing decision-making approach. Monitoring and evaluation will track aggregated progress and project‑specific KPIs linked to the strategic goals. The framework is intended for policymakers, ASEAN bodies, private proponents and financiers seeking to scale multi‑country industrial investments.