Among other large economies, prospects are strongest in the Philippines, where growth is expected to accelerate to 6.8 percent this year, and Vietnam, where growth was dented by the severe drought, but will recover to 5.1 percent in 2017. In Indonesia, growth will increase steadily, from 4.8 percent in 2015 to 5.4 percent in 2018, based on a pickup in public investment and the success of efforts to improve the investment climate and increase revenues. In Malaysia, however, growth will fall, because of weak global demand for oil and manufactured exports.
As the world’s largest continent, Asia contains many different economies, cultures and resources; from gas giant Russia to the energy starved nations of Central Asia, to rapidly growing economies of India and China to established centres of commerce and innovation in East Asia. This creates vast, varied opportunities for consultants, preferred suppliers and clients.
The Far East
The Far East is home to some of the world’s most advanced manufacturers, including Toshiba, Samsung, Toyota and Honda. It also offers a range of attractive business incentives. These include tax incentives for innovation, low interest loans and reduced restrictions on land use. Measures like these can be found in Hong Kong, Singapore, Taiwan and South Korea. These areas also offer a high standard of living.
Central Asia, particularly Pakistan, also looks set to create abundant opportunities as it seeks to resolve its energy crisis. Plans to lay more gas pipelines in Russia mean there will continue to be strong prospects there. However, demanding immigration rules make it a difficult area to access.
Procorre can overcome challenges and provide consultants and clients access to Asia's opportunities, including in the following sectors:
We have capacity in the following countries: