Photo Credit by Anurag Gaur, Adhi Kurnianto

In 2024, the Asia-Pacific communications industry experienced a 69% surge in Greenfield FDI, reaching USD 40 billion, making it the second-largest investment sector after renewable energy (UN ESCAP). Within Southeast Asia, Indonesia attracted $2.02 billion in telecom FDI during Q3 2024 (McKinsey & Company), while Vietnam received a $1.5 billion investment proposal from SpaceX for its Starlink satellite internet service.