New apec development corporation

APEC Development Corporation (ADC) is a non-profit organization that aims to promote economic development and cooperation among its member economies in the Asia-Pacific region. Here are some key facts about ADC:

Mission: ADC's mission is to promote economic development, cooperation, and integration among its member economies, with a focus on small and medium-sized enterprises (SMEs), women, and youth.

Objectives: ADC's objectives include:

  1. Promoting economic cooperation and integration among member economies
  2. Supporting the development of SMEs, women, and youth
  3. Fostering innovation and entrepreneurship
  4. Enhancing regional connectivity and infrastructure development
  5. Encouraging sustainable and inclusive economic growth

Membership: ADC has 21 member economies, including Australia, Brunei, Canada, Chile, China, Hong Kong, Indonesia, Japan, South Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, Philippines, Russia, Singapore, Taiwan, Thailand, United States, and Vietnam.

Programs and Services: ADC offers a range of programs and services to support its member economies, including:

  1. Business matchmaking and trade facilitation
  2. Capacity building and training programs
  3. Research and analysis on economic trends and issues
  4. Policy dialogue and advocacy
  5. Networking and partnership opportunities

Key Initiatives: ADC has launched several key initiatives to support its member economies, including:

  1. The APEC SME Development Program, which aims to support the growth and development of SMEs in the region
  2. The APEC Women's Entrepreneurship Development Program, which aims to promote women's entrepreneurship and economic empowerment
  3. The APEC Youth Development Program, which aims to support the development of young entrepreneurs and innovators
  4. The APEC Infrastructure Development Program, which aims to promote regional connectivity and infrastructure development

Partnerships: ADC partners with various organizations, including governments, international organizations, and private sector companies, to achieve its objectives.

Headquarters: ADC is headquartered in Singapore.

Overall, APEC Development Corporation plays an important role in promoting economic development and cooperation among its member economies in the Asia-Pacific region.