57. ASEAN Member States have performed well in attracting Foreign Direct Investment
(FDI). FDI inflows to the Member States as a group currently accounted for about ten percent
of the total FDI inflows to developing countries. Intra-ASEAN FDI flows have also been
increasing (refer to Figure 2.7), and indeed, intra-ASEAN FDI increased in 2008 when the
general trend of FDI into ASEAN region was declining during this year.