Contributors World Economic Forum Charles Pacini Manager, Transforming Industrial Ecosystems, Industry Clusters Oxana Saimo Lead, Emerging Markets, Energy and Materials Jörgen Sandström Head, Transforming Industrial Ecosystems Accenture Filippos Kaponis Strategy Principal Director Varuna Kori Strategy Consultant, Global NetworkCatherine O’Brien Managing Director, Energy Transition and Sustainability Services Anvita Sisodia Strategy Manager, Global Network Miguel G. Torreira Global Utilities Strategy Lead MYCentre4IR Baihaqi Bahrin Executive, Energy Transition Ryan Hardin Head of Unit, Energy Transition Aimi Roslan Executive, Energy Transition Acknowledgements The World Economic Forum acknowledges and thanks the following experts, without whose guidance this paper would not have been possible. However, the paper does not necessarily reflect the views of these companies and individuals. Expert advice is purely consultative in nature and does not imply any association with the takeaways or conclusions. Ruslan bin Abdul Ghani Group Chief Executive Officer,Bintulu Port Putra Adhiguna Managing Director, Energy Shift Institute Raja Taufik Azad Ahmad Suhaimi Head, Sector and Enabler Development, Iskandar Regional Development Authority (IRDA) Haji Amirul Haffiz bin Ariff Undersecretary, Johor State Economic Planning Division, Office of the State Secretary Roberto Bocca Head, Centre for Energy and Materials; Member of the Executive Committee, World Economic Forum Butra Boonliang Head, ESG Strategy and Integration, Siam Cement Group (SCG)Alvin Ee Wei Liang Research Fellow, Program Lead, Energy Studies Institute, National University of Singapore (NUS) Shanti Faridah binti Salleh Director, Institute of Sustainable & Renewable Energy, UNIMAS Alexandros Fistas Project Associate, United Nations Industrial Development Organization (UNIDO) Roger Fouquet Principal Research Fellow, Energy Studies Institute, National University of Singapore (NUS) Muhammad Abdullah Haji Zaidel Deputy State Secretary, Economic Planning and Development Hafidz Halim Project Fellow, Community of the ASEAN Leaders for Just Energy Transition, World Economic Forum Zalhafiz bin Hamzah Senior Assistant Secretary, Johor State Economic Planning Division, Office of the State Secretary Taro Han Chief Deputy Director, International Affairs Division, Agency for Natural Resources and Energy (ANRE) Industrial Transformation in ASEAN: A Cluster-Driven Model for Regional and Global Collaboration 34

Industrial Transformation in ASEAN A Cluster-Driven Model for Regional and Global Collaboration 2026