Abstract
The Association of Southeast Asian Nations (ASEAN) has been considered as one of the attracting regions for foreign direct investment. As developing nations are growing, they tend to consume more electricity and need more power generation, which becomes one of attractive businesses in this region. However, not many studies focus on an assessment of business environment of power generation and might deter unfamiliar investors from venture. Therefore, we assessed the relative attractiveness of power generation investment in this region in five aspects: economy, business, risk, infrastructure, and finance, which were taken up from the framework of the Global Infrastructure Investment Index. The assessment can provide an overview of strengths and weaknesses of power generation investment and serve as guidelines for investment decisions and policy making to investors and government in each ASEAN country.
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