MANILA, Philippines--(BUSINESS WIRE)--Mar 23, 2015--The Internet Society (ISOC) and consulting and research firm TRPC today released a report identifying the concrete steps necessary to unleash the potential of the Internet and transform the 10 ASEAN member economies (Brunei, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam) into a highly competitive, single market and production base.
The report, "Unleashing the Potential of the Internet for ASEAN Economies," takes stock of the Internet infrastructure of the region and outlines the actions necessary to support the Internet connectivity goals of the ASEAN Economic Community (AEC) Blueprint, a comprehensive agenda for the economic transformation of the region. The report was released at the 'ISOC-TRPC Rethinking the Digital Economy' Forum in Manila.
"The ASEAN region represents over 600 million people and is one of the fastest growing regions in the world, with a projected real average GDP growth rate of 5.4% per annum between 2014-2018. As a single entity, it would represent the seventh largest global economy," said Rajnesh Singh, the Internet Society's Regional Bureau Director for Asia-Pacific.
According to the report, the ASEAN governments have made some progress in recent years through various e-government projects. However, despite those efforts, the report shows that Internet penetration across the region varies widely and the cost of the digital divide is profound. Many countries in the region still suffer from poor coverage, low bandwidth and unaffordable access.
"In order to take advantage of this economic power and realize the AEC's goals, the region will need to look beyond basic connectivity and focus on the interconnectivity of the Internet, which will underpin the economic integration and usher in the digital economy," continued Singh. "This report provides a view of Internet infrastructure in the region and indicates where each of the 10 countries stand, and the steps and actions that need to be taken to move to a digital economy, which will be key to the ASEAN integration plans."
The report finds that as the Internet becomes more pervasive, the cost of not getting online is only set to rise. Against the backdrop of the AEC, it highlights that countries should look beyond basic connectivity and focus on the interconnectivity of the Internet, which will underpin the economic integration and social inclusion in the ASEAN region and usher in the digital economy.
The report outlines 10 steps the governments of the region can take to encourage and accelerate the shift from basic connectivity to a more fully-interconnected and interoperable digital economy:
"It is no overstatement to say that the successful launch of the AEC in 2015 will depend upon the ability of the ASEAN nations to interconnect," noted Singh. "However, the benefits of a shift from the economies of scale of an Internet economy to the economies of scope of a digital economy will be truly transformative."
To read the full report, visit: https://www.internetsociety.org/doc/unleashing-potential-internet-asean-economies.
About the Internet Society
The Internet Society is the trusted independent source for Internet information and thought leadership around the world. It is also the organizational home for the Internet Engineering Task Force (IETF). With its principled vision, substantial technological foundation, and its global presence, the Internet Society promotes open dialogue on Internet policy, technology, and future development among users, companies, governments, and other organizations. Working with its members and Chapters around the world, the Internet Society enables the continued evolution and growth of the Internet for everyone. For more information, visit www.internetsociety.org.
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KEYWORD: ASIA PACIFIC PHILIPPINES
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT NETWORKS TELECOMMUNICATIONS OTHER TECHNOLOGY MOBILE/WIRELESS
SOURCE: Internet Society
Copyright Business Wire 2015
PUB: 03/23/2015 02:00 AM/DISC: 03/23/2015 02:00 AM