28 August 2013

Bali - The APEC summit in October

Fourteen of the 21 APEC economies leaders have already confirmed their attendance for the annual summit that will take place in Nusa Dua early October.

Among those scheduled to attend the APEC leaders meeting on Oct. 7 and 8 are President Susilo Bambang Yudhoyono, US President Barack Obama, Russian President Vladimir Putin and Chinese President Xi Jinping.

The event organizing committee is still waiting for confirmation from the heads of APEC states: Australia, Brunei Darussalam, Canada, Hong Kong, Papua New Guinea, Taiwan and Vietnam.
Some confirmed are: Philippine President Benigno Aquino, Mexican President Enrique Pena Nieto, Korean President Park Geun-hye, Chilean President Sebastian Pinera, New Zealand Prime Minister John Key, Singaporean Prime Minister Lee Hsien Loong, and Malaysian Prime Minister Najib Razak.

The CEO Summit will feature a program covering the key issues affecting the region.
The summit’s theme “Towards Resilience and Growth: Reshaping Priorities for Global Economy” is expected to provide a discussion forum for policy makers, business leaders and innovative thinkers on securing inclusive sustainable growth and achieving the aim of shared development and common prosperity for all. Among the thought leaders scheduled to attend are Nobel Laureate Aung San Suu Kyi, Nouriel Roubini of Roubini Global Economics and Kishore Mahbubani of the Lee Kuan Yew School of Public Policy.

The APEC Summit will start with the Senior Officials Meeting on Oct. 1 and 2, followed by the Ministerial Meeting on Oct. 4 and 5, the CEO Summit on Oct. 6 and 7 and conclude with the Leaders Summit on Oct. 7 and 8. All meetings during the APEC Summit will take place in the Nusa Dua resort complex.
In addition to the 21 heads of state and 46 ministers, the summit is expected to be attended by 5,250 economic leaders and around 3,000 journalists from across the globe. There are also around 182 preliminary meetings held ahead of the summit, attended by around 100,000 delegates.
To support this event, several infrastructure projects have been conducted in Bali. Among these is the Dewa Ruci underpass that cost around Rp 148 billion, the Rp 2.8 trillion expansion of Ngurah Rai International Airport and the construction of the Benoa–Ngurah Rai–Nusa Dua toll road, which cost Rp 2.5 trillion.

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