Southeast Asia is a dynamic and remarkably diverse region, experiencing extraordinary growth and presenting exceptional investment opportunities. In recent years, Canada has increased its ties to this region, particularly in Singapore, Thailand, Vietnam, Indonesia and the Philippines. The 10-country grouping of ASEAN (Brunei, Burma, Cambodia, Indonesia, Laos, Malaysia, the Philippines, Singapore, Thailand and Vietnam), with a population of more than 600 million people, is on its way to forming an integrated market and production base by 2015. As a group, these nations represent Canada’s seventh-largest trading partner. Reaching C$6.7-billion at year-end 2012, Canadian foreign investment in this region has surpassed our combined investments in China and India.
Blakes represents companies from the region in their Canadian transactions, optimizing their business opportunities and limiting their risk exposure. Many Southeast Asian companies know that they can rely on our lawyers for strategic business advice and guidance through Canada’s legislative and regulatory framework, including foreign investment regulations and disclosure requirements. Companies from the region engage Blakes for our unrivalled expertise in mergers and acquisitions, corporate finance, banking, competition, antitrust and foreign investment, taxation, and real estate matters. They also rely on our leading industry practices, including energy, natural resources and mining, oil and gas, environmental, financial services, infrastructure, manufacturing, and technology, for strategic advice.
Working closely with lawyers at preeminent Asian law firms, we also assist our Canadian and international clients with their business relationships and investments in Southeast Asia. Many Canadian companies have been operating in the region for more than 20 years, in manufacturing, oil and gas, technology, mining and agricultural industries, and significant growth opportunities continue to exist. As the Canadian liquefied natural gas industry develops, for example, Singapore represents a significant import hub for the Asian market.