The increase in outsourcing and offshoring activities has seen a steady growth of venture capital firms setting up in the region; some are from US or European parent companies, while others are co-invested by local partners or set up by local entrepreneurs.
Business growth and development strategies can benefit from choosing to partner with high-quality local businesses to gain immediate market access at lower costs and the benefit of their local expertise. In return, local businesses provide complementary strengths and share risk and opportunity through joint ventures.
Venture partnerships are particularly important in the Asean region as regulatory frameworks and foreign direct investment policies are not centralised and vary from country. It is particularly important to maintain an active dialogue with regulatory bodies and local partnerships facilitate the development of these relationships.
Asean Investment’s network of Venture Partners provides a unique platform for assisting clients to build their operations in the Asean region.