Introduction of 2018 APCAC Business Summit
“Charting a Bold Future: US Businesses in the Asian Century” is the theme for the 2018 APCAC Business Summit to be held in Kuala Lumpur, Malaysia on Wednesday and Thursday, April 4-5, 2018.
This high-profile annual summit attracts over 300 participants including senior government and private sector leaders from the USA and the Asia-Pacific region. Dato’ Sri Haji Mohammad Najib bin Tun Haji Abdul Razak, the Prime Minister of Malaysia is invited to open the conference and we also anticipate the involvement of several U.S. Ambassadors, state governors, city mayors, and senior U.S. Administration officials.
The 2018 Asia-Pacific Council of American Chambers of Commerce (APCAC) event will be hosted by AMCHAM Malaysia.
Why Malaysia, and why now?
With the current U.S. administration’s focus and messaging about prioritizing American interests, a retrenchment from overseas engagement is predicted. For those of us based in Asia, we have seen these shifts result in increased questions about the commitment by U.S. business to these markets. Will U.S. companies continue to invest in:
● Local talent?
● Localizing their products and services?
● Engaging in ways to develop and grow local economies?
● Social responsibility initiatives?
At APCAC, we know the answer is a resounding ’YES.’
At our upcoming Summit, we will be providing participating sponsors and companies a showcase to demonstrate their continued engagement and commitment on a range of important topics, all while highlighting the dynamism and value of American business.
Malaysia, a founding member of both ASEAN and the Trans-Pacific Partnership, is geographically positioned between the emerging regional powerhouses of China and India and sits at the nexus of these shifting economic ties. In this context, now is the right time and Malaysia is the ideal place to host what we believe will be a seminal platform to emphasize the longevity and nature of U.S. investments in the region, highlight the relevance of our corporate values, and promote the ongoing committed engagement of our partner companies.
What is APCAC?
APCAC is an association of 29 American Chambers of Commerce from 22 economies in Asia-Pacific. APCAC comprises of 15,000 Member companies, 50,000 overseas American executives and 10 million employees; the region has USD 620 billion in annual FDI management and more than USD 1 trillion in annual trade. The APCAC Business Summit is hosted each spring by one of APCAC’s member associations and we are delighted to have been chosen to bring the Summit to Kuala Lumpur in 2018. American corporations find value in this association with a number of them supporting APCAC by being part of the Chairman’s Circle: VISA, Abbott, GE, Citibank, PayPal Caterpillar, UPS, amongst others.