ASEAN Strategic Action Plan For SMEs by Rebecca Fatima Sta Maria Secretary-General Ministry of International Trade and Industry

Core principles of ASEAN MSME Development Narrow the development gap; Equitable and inclusive growth 2

Time-bound priorities and pathways, implementation roadmap KPIs MSME Development guided by the ASEAN Strategic Action Plan for SME Development 2016-2025, SME SMED 2025 Launched on 21 November 2015 at the ASEAN Business and Investment Summit Holistic approach Common vision, goals Time-bound priorities and pathways, implementation roadmap KPIs 3

SAP SMED 2025 has clear implementation timelines and deliverables First 5 years: to seamlessly integrate into the regional value chains Next 5 years: to become globally competitive, innovative, inclusive and resilient. 4

SAP SMED 2025 will promote entrepreneur development and facilitate integration into regional and global value chains through 5 Strategic Goals Promote productivity, technology and innovation – championed by Thailand and VietNam Access to Finance – Malaysia and Laos PDR Market access and internationalisation – Singapore and Thailand Enhance policy and regulatory environment – Indonesia and Cambodia Promote Entrepreneurship and human capital development – Brunei, The Philippines and Myanmar SG1 SG2 SG3 SG4 SG5 5

All initiatives and programmes developed in collaboration with the private sector and international organisations Asian Development Bank World Bank OECD ASEAN Business Advisory Council National SME Development organisations 6

Work on increasing access to finance progressing 2 initiatives: Study on “Enabling Regulatory Framework for Equity Crowd-Funding in ASEAN”: a comparative study covering Malaysia, Thailand, Australia and UK; ASEAN institutional Framework on access to finance for MSMEs: in collaboration with the OECD. 7

National SME Development Council chaired by YAB PM In Malaysia, SME development managed by SMECorp with the SME Masterplan as the overarching guiding framework. National SME Development Council chaired by YAB PM SMECorp as the Central Coordinating Agency MITI and agencies’ role in SME development SMECorp, BPU, MATRADE, MAI, MIDA initiatives such as Groom Big, vendor development, linkage with MNCs and larger companies, Go-Ex 8

Up-coming SME programmes WEEK 21 May-3 June 9

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