Interviewer: Which roadblocks do entrepreneurs face in ASEAN economies, and where are their opportunities? Tony Fernande

[answerhappygod]

Interviewer: Which roadblocks do entrepreneurs face in ASEANeconomies, and where are
their opportunities?
Tony Fernandes: There are some countries where entrepreneurshipis difficult because the
government owns everything. The government should create andenable entrepreneurs instead
of interfering with their businesses. For example, there ispotential for a huge conflict of interest
when you own an airline or an airport and private entrepreneursare involved. All stakeholders
have to understand their role in order to compete on a regionaland international level. The
potential this region holds is immense in terms of opportunitiesfor the emergence of
burgeoning businesses, especially on the digital front, and isnot only limited to the aviation,
travel and tourism industries. If all 10 member countriescombine to form a single market and
production base, this will create a community of over 700m totap into. ASEAN can provide a
much bigger platform and a much larger stage on which businessescan be noticed and grow.
Interviewer: Is the dominance of legacy, family-runconglomerates in many ASEAN markets
restricting space for start-ups and young entrepreneurs toflourish?
Tony Fernandes: The dominance of family-run conglomerates thatmonopolise the market
signifies that there is competition – especially for start-upsto flourish. From my perspective,
competition is what helps people, businesses, industries and,ultimately, economies grow. I have been an advocate of faircompetition, simply because it makes us better. There have been
various examples where the monopoly of an industry has had adetrimental effect, simply
because the leading corporation does not care about itscustomers, but the customers simply
have no other option. I believe that healthy competition is theway forward for start-ups to grow
into new national and regional champions as long as they respecttheir competitors.
Interviewer: What is the correlation between the expansion ofthe aviation industry and the
growth of entrepreneurship in secondary and tertiary cities inASEAN?
Tony Fernandes: The importance of aviation in a globalised worldis beyond question, and
macro-urban planning should prioritise the construction ofairports. Job creation, increased
tourism and economic development are all spill-over effects of aglobal aviation hub. With a
city-state attached, this would also be a catalyst for thefuture economic competitiveness of any
secondary and tertiary cities within ASEAN. Developments such ashighways, tourist
attractions and landmarks, rail links, and modern utilities willbe required to meet increased
demand, and this translates to widespread job creation. Thepotential within ASEAN countries
for new hubs is great. Standout examples are the Philippines,with international airports in
Clark and Manila, and Thailand’s airports in Don Mueang,Suvarnabhumi and U-Tapao.
Based on the purpose of the interview,from the transcript above explain step bystep process that you have carried out to uncover thecodes/categories/ themes.