2.1.3 INVESTMENTS
Over the years, ASEAN has pursued initiatives pursued to promote the ASEAN as destination for investments in general and with tourism as one of the priority industries being promoted for investments as revealed in the official website of ASEAN investments. In 2008, an ASEAN Tourism Investment Guide was produced to provide the compendium of policies, laws and incentives across Member States. The website http://investasean.asean.org/ serves as platform where investors can access information on broad ASEAN investment opportunities in tourism, currently limited on the ASEAN 5 and focused largely on infrastructure, gaming and theme parks. There are wider opportunities to increase the investments levels in ASEAN and in ASEAN tourism thru an identification and promotions of investment opportunities in regional clusters of destinations or corridors. In terms of investment policies and regulatory framework as a single production base and tourism destination, there are considerably wide variations from country to country thus making cross border investments cumbersome, inconvenient, insecure and expensive to undertake.