Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT)

Map of IMT-GT (Indicating Economic Connectivity Corridors) [ PDF: 347kb | 1 page ]

Overview of the IMT-GT Subregion

In 1993, Indonesia, Malaysia, and Thailand recognized the potential of the IMT-GT subregion by launching the IMT-GT program of cooperation to accelerate the subregion's economic transformation, through the following:

• exploiting complementarities and comparative advantages;
• enhancing competitiveness for investments and exports; promoting tourism;
• lowering transport and transaction costs;
• reducing production and distribution costs through scale economies

The subregion indeed has vast potential for development, with large amounts of land, abundant labor, rich natural resources and a sizeable internal market of nearly 70 million. These endowments can transform the IMT-GT into a powerful growth magnet when combined with the financial strength and entrepreneurial skills of a dynamic private sector in Central Thailand and Peninsular Malaysia.

Economic complementarities and opportunities in the subregion span many agricultural and industrial products, including rubber, palm, oil, fruits and vegetables, marine products, oil and natural gas, chemicals and wood products.

The Malaysian subregion has strong comparative advantage in plantation agriculture, skill-intensive manufactures, industrial and agro-chemicals, coconut oil, refined palm oil, iron and steel and processed wood products.

Learn more about individual member provinces and states of the IMT-GT subregion. [ PDF: 133kb | 3 pages ]