Industrial sector seen as first AEC beneficiary

Singapore

THE industrial sector will probably be the most immediate beneficiary of the Asean Economic Community (AEC), with some spillover into the office and retail markets, CBRE Research said in a Monday report.

The AEC is a goal of Asean to integrate the 10 member economies by the end of 2015. It envisages goals such as a single market and production base, better infrastructure, free flow of goods, services, capital, skilled labour and investment, and less poverty and socio-economic disparities.