ASEAN BAC & ASEAN Japan Business Council Established ASEAN-Japan Innovation Network

April 18th, 2017
ASEAN Business Advisory Chairman Joey Concepcion and Vice Chairman of ASEAN Japan Business Council and Chairman of Sumitomo Corporation Kazuo Ohmori presented the signed Memorandum of Cooperation for the ASEAN Japan Innovation Network (AJIN). AJIN is a private sector led initiative for promoting innovation across sectors and industries including digital business platforms for MSMES and emerging industries. Witnessing the presentation are the ASEAN Economic Ministers led by the 2017 Chair, Department of Trade and Industry Sec. Ramon Lopez.

ASEAN Business Advisory Chairman Joey Concepcion and Vice Chairman of ASEAN Japan Business Council and Chairman of Sumitomo Corporation Kazuo Ohmori presented the signed Memorandum of Cooperation for the ASEAN Japan Innovation Network (AJIN). AJIN is a private sector led initiative for promoting innovation across sectors and industries including digital business platforms for MSMES and emerging industries. Witnessing the presentation are the ASEAN Economic Ministers led by the 2017 Chair, Department of Trade and Industry Sec. Ramon Lopez.

The ASEAN Business Advisory Council, led by its Chairman, Joey Concepcion III, and the ASEAN Business Club, represented by its Chair, Tan Sri Dr. Munir, joined forces with leading Japanese private business organizations in establishing the ASEAN-Japan Innovation Network (AJIN) in Tokyo last April 7, 2017. AJIN aims to promote innovation across key sectors in ASEAN especially in support of emerging new digital driven industries through collaboration and cooperation between ASEAN-Japan businesses.

This collaboration was highlighted by the signing of a Memorandum of Cooperation.  Mr. Concepcion representing ASEAN business and Mr. Kazuo Ohmori, Vice Chair of Asean Japan Business Council led the signing of the MoC.  Nine collaborating Japanese institutions co-signed the MoC namely: 1) ASEAN Japan Business Council, 2) The Japan Chamber of Commerce and Industry, 3) KEIDANREN (Japan Business Federation), 4) KEIZAI DOYUKAI (Japan Association of Corporate Executives), 5) Japan Foreign Trade Council, 6) Japan Association of New Economy, 7) Japan External Trade Organization, 8) Federation of Japanese Chambers of Commerce and Industry in ASEAN, and 9) Japan-ASEAN Innovation Support Network.

The signing of memorandum of cooperation happened last April 7, 2017 in Tokyo, Japan.

The signing of memorandum of cooperation happened last April 7, 2017 in Tokyo, Japan.

In the photo (L-R): Mr. Jun Hasegawa, Representative Director of Japan-ASEAN Innovation Support Network; Mr. Tsukasa Kawazu, Executive Managing Director of Japan Foreign Trade Council, Inc.; Dr. Kiyohiko Ito, Managing Director of KEIZAI DOYUKAI; Mr. Satoshi Mukuta, Senior Managing Director of KEIDANREN; Mr. Kazuo Ohmori, Vice Chairman of The Japan Section of the ASEAN-Japan Business Council; Mr. Joey Concepcion, Chairman of ASEAN Business Advisory Council; Tan Sri Dr. Mohd Munir, Chair of ASEAN BAC Malaysia; Dr. Yuri Sato, Executive Vice President of Japan External Trade Organization; and Mr. Takashi Ueno, Vice Chairman of The Japan Chamber of Commerce and Industry.

In the photo (L-R): Mr. Jun Hasegawa, Representative Director of Japan-ASEAN Innovation Support Network; Mr. Tsukasa Kawazu, Executive Managing Director of Japan Foreign Trade Council, Inc.; Dr. Kiyohiko Ito, Managing Director of KEIZAI DOYUKAI; Mr. Satoshi Mukuta, Senior Managing Director of KEIDANREN; Mr. Kazuo Ohmori, Vice Chairman of The Japan Section of the ASEAN-Japan Business Council; Mr. Joey Concepcion, Chairman of ASEAN Business Advisory Council; Tan Sri Dr. Mohd Munir, Chair of ASEAN BAC Malaysia; Dr. Yuri Sato, Executive Vice President of Japan External Trade Organization; and Mr. Takashi Ueno, Vice Chairman of The Japan Chamber of Commerce and Industry.

The signed MoC was thereafter presented formally at the start of a full packed ASEAN-Japan Open Innovation Forum with the presence and strong support of all the ASEAN Economic Ministers led by the 2017 AEM Chair Ramon Lopez of the Philippines.

The AJIN initiative was a culmination of Japan’s private sector engagement and dialogue with new industries which started in Naypyidaw, Myanmar in 2014 (on Green Healthcare), Kuala Lumpur, Malaysia in 2015 (on Venture Start up) and Bangkok, Thailand in 2016 (Service Sector).  For 2017, the AJIN serves as an ideal platform to bring about concrete programs in support of the Philippine government’s theme of an Innovation-driven economy and ASEAN BAC’s focus on MSME Empowerment and Inclusive Business towards Prosperity for All.