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Comprehensive Asia Development Plan 3.0 Symposium: Towards an Integrated, Innovative, Inclusive, and Sustainable Economy


The coronavirus disease (COVID-19) pandemic has caused trade disruptions; a drop in foreign direct investment; and scarring effects on poverty, education, and women in many nations. However, it has also had beneficial features. Factory Asia has continued to produce and export during the pandemic, in contrast with North America and Europe. COVID-19 has boosted digitalisation, notably in information and communication technology (ICT). The adoption of ICT has boosted economic growth. Maintaining the competitiveness of international production networks and utilising digitalisation are essential to the region’s future post-COVID-19.

Based on this understanding, the Economic Research Institute for ASEAN and East Asia (ERIA) has developed the Comprehensive Asia Development Plan 3.0 (CADP 3.0). Since the previous version (CADP 2.0) in 2015, nearly 7 years have passed. CADP 3.0 addresses the above-mentioned urgent concerns and discusses economic growth and social problem-solving in the region from the viewpoints of (i) integration, (ii) innovation, (iii) inclusiveness, and (iv) sustainability. CADP 3.0 comprises 18 original chapters on the four viewpoints and digitalisation.

First, CADP 3.0 claims that integration is at the core of development strategies. The Association of Southeast Asian Nations (ASEAN) and developing East Asia could use three forms of the international division of labour (the first to the third unbundlings) simultaneously. To stimulate economic growth, the region should adhere to globalisation. Second, CADP 3.0 asserts that digital technology has transformed the nature of innovation. ASEAN and East Asia must move from intensive research and development (R&D) to technology deployment. Combining incremental and disruptive innovation could revive creative manufacturing. Third, CADP 3.0 declares that inclusiveness in its three dimensions – geographical, industrial, and social – is a core value for ASEAN and East Asia. Before resorting to income/welfare redistribution, the region should employ economic forces to achieve inclusiveness wherever practicable. Last, CADP 3.0 affirms that sustainability must be realised through economic expansion and improved well-being. Decarbonisation, resource management, and disaster management are not just long-term objectives but also present challenges. The use of new technology will facilitate international cooperation in establishing a circular economy.

This symposium will share an understanding of CADP 3.0 as a framework for future development with government officials, the private sector and academics.

Event Details

  • Date: Wednesday, 9 November  2022
  • Time: 9 AM - 2 PM (Cambodia Time, UTC+7)
  • Venue: Hyatt Regency Hotel Phnom Penh


9:00AM - 9:05AM

Playing of the National Anthem

9:05AM - 9:25AM

Welcome Remarks

  • H.E. PAN Sorasak, Minister, Ministry of Commerce, Kingdom of Cambodia
  • Prof Hidetoshi Nishimura, President, Economic Research Institute for ASEAN and East Asia

9:25AM - 9:30AM


9:30AM - 9:50AM

Key Note Address

CADP 3.0: Concept and what it will bring to the region

Prof Fukunari Kimura, Chief Economist, ERIA

9:50AM - 10AM

Coffee Break

10AM - 11AM

Session 1: Integrative and Innovative Asia

Moderator: Dr Keita Oikawa, Economist, ERIA


  • Dr Lurong Chen (Digital Connectivity)
  • Mr Ikumo Isono (Geographical Simulation Analysis)
  • Dr Rashesh Shrestha (Skill Development System)
  • Mr Fusanori Iwasaki (Automotive Sector)

11AM - 12PM

Session 2: Inclusive and Sustainable Asia

Moderator: Dr Masahito Ambashi, Associate Professor, Kyoto University


  • Dr Fauziah Zen (Inclusive Growth)
  • Mr Masanori Kozono (Agriculture)
  • Dr Han Phoumin (Energy Infrastructure Development)
  • Dr Venkatachalam Anbumozhi (Environment and Sustainability)

12PM - 12:10PM

Closing Remarks

  • Koji Hachiyama, COO, Economic Research Institute for ASEAN and East Asia

12:10PM - 2PM