Projects are a vital part of the APEC process. They help translate APEC Ministers' and Economic Leaders' policy directions into actions and create tangible  benefits for people living in the Asia-Pacific region.

Projects assist member economies in building a dynamic and harmonious Asia-Pacific region by championing free and open trade and investment, promoting and accelerating regional economic integration, encouraging economic and technical cooperation, enhancing human security, and facilitating a favourable and sustainable business environment. Thus, projects help to turn policy goals into concrete results and agreements into tangible benefits.

APEC contributes funding to around 100-150 projects each year, with a total value of over $22 million committed by APEC to projects in 2009-2010. Over 1600 projects have been undertaken since 1993, when APEC initiated project work. At any moment in time, up to 170 projects may be in implementation, The majority of projects are focused on transferring knowledge and skills between members and building capacity so that each economy can move closer towards the Bogor Goals of free and open trade and investment.

APEC projects include workshops, symposiums, publications, and research. They are open to participation from all 21 member economies. As well as engaging with public and government sector organisations in the 21 economies, external stakeholder engagement is encouraged.

APEC also works to maximise the benefits of globalisation. In particular, APEC supports projects that: promote public health; improve the skills of workers; contribute to green growth; reduce the risks of and improve responses to natural disasters and emergencies; and that help small, medium and micro-sized enterprises to grow and access markets.

APEC Project Focus and Themes

Projects funded by APEC support our current goals and priorities. In 2009-2010, APEC supported 255 projects, focusing on trade-related issues, with particular focus on areas of relevance to APEC’s fora.

Projects cover a wide range of priority sectors. Each year APEC defines the key policy priorities and projects aim to contribute to these directions. The funding criteria for all APEC-funded projects in 2011 can be found here.

In addition to cooperation for trade liberalisation, APEC also supports projects that seek to make trade and doing business easier and more efficient such as: agreeing to common standards for product testing and labeling, developing safer and more efficient transportation routes, and providing information on each member's regulatory and legislative requirements for imports and exports.

Recent themes launched as APEC projects include:

• Regional economic integration: energy management standardization, intellectual property rights, traditional knowledge protection, self-certification of origin
• Green growth:  low-carbon model town , green finance , phasing out fossil fuel subsidies, smart grids
• Structural reform:  regulatory impact analysis, principals of corporate governance, competition law and policy
• Capacity building for APEC’s developing members: ship and port security, trade of second generation biofuels, best practices for green ICT, infectious disease prevention

Information about individual projects can be found through the APEC Project Database.

Development of APEC’s Projects

APEC began running projects in 1993 with three self-funded projects. Since then, the number of projects funded each year has increased to up to 150 per year.  Over the same period, the funds APEC committed to projects increased from just under $1 million to up to $12 million per year, depending on members’ contributions.

To effectively build project management skills and knowledge among APEC members, the Secretariat established the Project Management Unit. The PMU brings a professionalized approach to projects and helps capacity in project management within the Secretariat and the wider APEC community. The PMU provides specialized advice and guidance to APEC Secretariat staff, project overseers, and members, and works closely with the Finance Unit and the Chief Operating Officer.  It provides the main link between members, Program Directors, Program Executives and the Executive Office and the Budget Management Committee (BMC) regarding project matters.

Multi Year Projects

Beginning in 2011, APEC has launched a Multi Year Project initiative, for ongoing, phased projects that continue for three to five years. The MYPs will focus strategically on building capacity in members so that they can take full advantage of trade opportunities. Information on eligibility criteria and the application process can be found on the Multi Year Projects page.

Other Information

Applying for Funds information can be found here.
Implementing APEC Projects information can be found here.
APEC Multi Year Projects (MYP) information can be found here.
APEC Project Funding Sources information can be found here.