What does the Putrajaya Vision 2040 aim for by 2040?

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The Apec Putrajaya Vision 2040 Aims to Establish an Open, Dynamic, Resilient, and Peaceful Asia-Pacific Community by 2040.

The Apec Putrajaya Vision 2040, adopted at the Apec Economic Leaders' Meeting hosted by Malaysia, sets forth an aspiration for the Asia-Pacific region to become an open, dynamic, resilient, and peaceful community by the year 2040. This overarching goal is intended to ensure the prosperity of all inhabitants of the region and for future generations. The vision outlines three primary economic drivers that are considered crucial for achieving this objective.
Key Economic Drivers Identified

To realise the ambitious goals of the Putrajaya Vision, three fundamental economic drivers have been identified. These are Trade and Investment, which aims to foster an environment conducive to economic exchange and capital flow; Innovation and Digitalisation, focusing on harnessing technological advancements and digital transformation; and Strong, Balanced, Secure, Sustainable and Inclusive Growth, which seeks to promote development that is robust, equitable, safe, environmentally conscious, and leaves no one behind.
Advancing the Bogor Goals

The Putrajaya Vision 2040 is designed to build upon and advance the Bogor Goals, which were initially established in 1994. The Bogor Goals, which reached their maturity in the year of the meeting, represented a commitment to free and open trade and investment in the Asia-Pacific region. The new vision seeks to further this agenda with a contemporary approach suited to the challenges and opportunities of the 21st century.
Focus on Shared Prosperity and Future Generations

A central tenet of the Apec Putrajaya Vision 2040 is the commitment to the prosperity of all people within the Asia-Pacific community. This includes ensuring that the benefits of economic progress are shared widely and that measures are put in place to safeguard the well-being of future generations. The vision implicitly acknowledges the interconnectedness of economic, social, and environmental factors in achieving sustainable and inclusive development.

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What does the Putrajaya Vision 2040 aim for by 2040?

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