This year, the Association of Southeast Asian Nations (ASEAN) celebrates its 50th anniversary. Over this period, the ASEAN region has undergone many industrial, social, and political changes. Despite the progress made in improving living, working, and economic conditions, there is still much room for improvement.
On Thursday, the World Economic Forum will host an event in Phnom Penh, Cambodia, which serves as an opportunity for business, political and other leaders from the region and from different parts of the world to get together and discuss many of the challenges and opportunities that exist.
The Fourth Industrial Revolution has often been associated with opportunity, leveling the playing field and allowing new businesses to challenge incumbents. The Fourth Industrial Revolution does, however, pose just as many questions as answers.
How do developing nations ensure that they can participate in the new industries and wealth? What steps need to be taken to build both digital and physical infrastructure? How should education systems respond to the changing economic needs? What policies are required to encourage entrepreneurship?
Connections to create a brighter future
To answer these complicated questions, it will take expertise and commitment from all stakeholders. Thus, being part of the Forum community is critical for Baker McKenzie.
We are fortunate enough to be one of only a few businesses in our field that has both local on-the-ground experience and cross-border expertise in both physical infrastructure and the new digital economies.
We are acutely aware that we alone cannot answer all of the questions that developing nations face in navigating a complex world. However, we have an obligation to be part of the discourse in finding solutions.
Attending the Forum allows us to share our insights with fellow leaders from business, non-profit and government sectors.
So how do you create a brighter future? To quote the Forum's mission:
We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.
We agree and are honored to be part of the discourse.