Selanjutnya

AGREEMENT ON THE
PREFERENTIAL SHORTLISTING OF
ASEAN CONTRACTORS

The Governments o-f Brunei Darussalam,

the Republic

of Indonesia, Malaysia, The Republic o-f the Philippines, the
Republic
members

o-f
of

Singapore and the Kingdom of
the Association of

Thailand,

Southeast

Asian

being

Nations

(hereinafter referred to as "ASEAN"),
to

further

promote and

intensify

the

implementation of the aims and purposes of ASEAN as embodied

in the Declaration of the ASEAN Concord;
the desirability of effectively promoting
the

development

of the construction industry in the

ASEAN

region as a step in this directions and
that the implementation of a

preferen-

tial shortlisting scheme for ASEAN Contractors would enhance
the advancement of the construction industry and its role in
;

the economic development of the ASEAN region.

HAVE AGREED as fallawsi
Article l.

An ASEAN contractor means a contract-

ing entity established under the laws of member countries of
ASEAN
the

with at least 51% of its equity owned by citizens

of

country where the entity is registered and licensed

in

such

country

of

registration

to

undertake

construction

projects.
Article 2.
civil works

and industrial construction

international
Development

This Agreement shall be applicable

institutions
Bank

projects -funded by

such am World Bank

and which require as a

to

and

Asian

condition

inter-

national competitive bidding.

Article
ber

3.

In cases when there are a large num-

of contractors prequalified and a further shortlist

drawn up,

at least one prequalified ASEAN contractor

is

shall

be entered in the shortlist and invited to submit his bid.
Article 4.

in

any

member

Domestic Preference Schemes,

country shall be fully respected

if any,

and

this

Agreement shall not apply to projects so covered.

Article 5,

on

This Agreement shall enter into force

the thirtieth