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More than half of Association of Southeast Asian Nations (ASEAN) Member States’ population reside in urban areas and an additional 70 million are forecast to live in ASEAN cities by 2025. Rapid urbanization in ASEAN countries has the potential to generate significant economic gains and through the benefits of economies of scale and network effects of agglomeration, this urbanization can enhance access to employment, productivity and incomes.
More than half of Association of Southeast Asian Nations (ASEAN) Member States’ population reside in urban areas and an additional 70 million are forecast to live in ASEAN cities by 2025. Rapid urbanization in ASEAN countries has the potential to generate significant economic gains and through the benefits of economies of scale and network effects of agglomeration, this urbanization can enhance access to employment, productivity and incomes.