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Regional integration: Opportunities and challenges of the AEC

Over the short and medium term, real estate and construction will see increased demand for industrial, office and retail space as businesses expand into new markets.

ON NOV 22, 2015, Asean leaders established the Asean Economic Community (AEC), which came into effect on Dec 31. One of its aims is to promote freer movement of trade and capital in the region. In practice, this means that tariff barriers between the 10 Asean countries will be eliminated while