ASEAN
AEROSPACE, DEFENSE AND SECURITY AS DRIVERS FOR GROWTH AND TECHNOLOGICAL PROGRESS
Italy is well positioned to partner with ASEAN Countries, given the relevance of its AD&S industry. More specifically, Italian players have a strong international vocation, showing high R&D intensity and adopting a systemic approach capable to generate positive effects at local level.
Italian AD&S players are well positioned to support ASEAN Countries
The sector is becoming increasingly strategic for the whole ASEAN area, considering that aviation’s center of gravity is shifting eastwards, bringing a growth in demand for new aeronautics’ products. Moreover, strategic needs of ASEAN countries will result into progressively higher Defense and Security budgets, while local Governments remain committed in reducing imports dependence.
At the same time, investments in the space sector will grow, focusing on satellite services for geo-information and communication. In this context, major opportunities arise from ASEAN players’ determination to develop a competitive local AD&S extended value chain, attracting international productive investments and developing effective international partnerships capable to generate positive spillovers into industry and society.
Read the Full Position Paper
This Position Paper addresses the Aerospace, Defense and Security (AD&S) industry, considering its major developments in ASEAN area and the main related opportunities for cooperation between Italy and ASEAN Countries and was presented during the first “High Level Dialogue on ASEAN Italy Economic Relations”, which took place in Jakarta on May 15 and 16, 2017.
