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The road ahead in an integrated Asia . Rohini Kappadath Director Cross-Border Business. RICE PAPER The start of the right conversation Downplays the complexities. Adopt a REGIONAL PERSPECTIVE. LEVERAGE STRENGTHS. Match individual strengths to need across the region. - PowerPoint PPT Presentation
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The road ahead in an integrated Asia
Rohini Kappadath Director Cross-Border Business
RICE PAPER The start of the right conversation
Downplays the complexities
Adopt a REGIONAL PERSPECTIVE
LEVERAGE STRENGTHSMatch individual strengths to need across the region.
Development of Regional
PRODUCTION NETWORKS
Thai Auto | Indian IT Australian Design, engineering, project management
MINDSET SHIFT
Beyond
CHINAIt is not the SIZE of the opportunity but the alignment between our strengths and the opportunity that matters.
ROLE OF CROSS-BORDER AMBASSADORS IN SHARING THEIR STORIES
NEXT WAVES OF OPPORTUNITY
Ageing population across Asia – retirement
living
Foreign aid into developing nations in
ASEAN resulting in mega infrastructure projects =
architects, engineers
Food security – leverage our world class farming
technologies
Energy security – solar, wind Burma
Tourism, International Education, Skills in
workforce
THE FIN REVIEW, 2013
Australia sets up Auto base in Thailand – closes Australian auto industry
Following talks strategic diplomatic talks in Canberra, the Australian government made a spot decision to shut the Auto sector and transfer all subsidies to the development of the sector in Thai. Australia will own a strategic North Eastern Corridor in Thailand and car manufacturers will be given incentives to relocate their manufacturing to this world leading centre of excellence.
WHY THAILAND?
• FUTURIS, Ross Mahon
50 to nearly 1000 in 2 years in Thailand. Planning their 3rd expansion Low competition + domestic market larger than Australia
• ARB
Continued expansion in Thailand. Resulted in growth in jobs in Australia. Engineering done in Australia
•
FEAR /Government engagement process needs to explain consequences of inaction, pave a clear way forward
and resolve the fear
Low cost importation of labour is standard practice across the developed world. China – Phillipines Thailand – Cambodia
IT’S A TWO-WAY STREET
LEARNING FROM THE REGION
Thailand’s importation model of cheap labour to maintain their cost base.
IT’S ABOUT
COLLABORATION, lah!
[WHAT] CAN AUSTRALIA
‘GIVE’ TO
ASIA ?
Japan in Thailand
China in Cambodia
ASEANINTERCONNECTED
No longer about two-way trade and bilateral free trade agreements alone
TRUST, RELATIONSHIPS, FRIENDSHIPS, Lah
Playing in Asia is a …
TEAM SPORT
PS. There are new rules of the game
“THE FUTURE OF ASIA IS IN ASIA”
ASIAN MULTINATIONALS WILL BE FORMIDABLE COMPETITORS
CASE STUDIES OF STRATEGIC JVs / Collaboration
• An Indian MEDIA COMPANY• A Malaysian Hospitals Chain • Nippon Steel and Bluescope
AUSTRALIA UNLIMITED
EXPORTERS OF KNOW-HOW and CAPABILITY
Invest in developing the next step in know-how to make the current technology redundant.
Push a tailored service but keep the know-how resident in Australia
Australia:
Powering Asia | Enabling Asia
CONTINUOUS INNOVATION
R&D
KNOW-HOW
Asia: Australia Inside
In conclusion
• Real opportunity for everyone
• Developing collaborative networks across the region is key.
• Baker Tilly is a working example of collaborative network in action.
• People drive these collaborations forward.
Thank you