AFTA: Turning the ASEAN Dream Into Reality. AFTA 2002 Symposium Jakarta, Indonesia January 31, 2002 John Parker President, ASEAN Operations Ford Motor Company. Sustained Investment Growth High Value-added Jobs and Strong Export Growth. ASEAN under AFTA. AFTA.
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AFTA 2002 Symposium
January 31, 2002
President, ASEAN Operations
Ford Motor Company
High Value-added Jobs and Strong Export Growth
AFTAThe Automotive Industry Imperative
The foundation of sustainability in the auto industryis global competitiveness, which is a functionof continued liberalization
Product DesignAnd Development
Stages of Liberalization
5Auto Manufacturers Have Invested Heavily in ASEAN since 1995…
Millions US ($)
MALAYSIA ?Manufacturing Rationalization starts in 2003:Is it “AFTA” or the “Thai-Phil-Indo FTA?”
Source: Press Reports
38% ofAsia FDI
61% ofAsia FDI
Source: United Nations(Jan. 2002)
18% ofAsia FDI
9% ofAsia FDI
Unless AFTA is implemented for the auto industry on time in all countries, China will continue to attract more automotive FDI and will soon start to EXPORT.