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 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.