Company: NUTR
Filing Date: 2025-01-15
Form Type: S-1/A
Source: 0001493152-25-002312
Chunk: 12

Company: NUSATRIP Inc
Filing Date: 2025-01-15
Form: S-1/A
Chunk 12
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2023 and 2040;1                              |

| ● | Favorable                                                                                                                      
 demographics. SEA possesses a large and growing population of more than 696 million people; Indonesia represents more than 40% 
 of SEA’s population, while SEA comprises more than 8.52% of the global population;2                                            |

| ● | A                                                                                                        
 rising middle class and young generation willing to consume to explore new destinations and experiences; |

| ● | Rise                                                                                                                                
 of the Internet economy with 252 million additional internet users have come online in the last five years growing from 360 million 
 users in 2019 to 612 million users in 2024.3                                                                                        |

Despite the lingering effects to the global economy due to Covid-19, SEA’s economic growth compares favorably to that of the developed world, reaching 4.6% growth rate in 2023 as opposed to 0.9% and 1.0% for both the European Union (“EU”) and the US, respectively. As of 2023, SEA’s combined gross domestic product (“GDP”) reached US$3.8 trillion. In comparison, the respective GDP for both the European Union (“EU”) and the US totaled US$25.8 trillion and US$36.6 trillion in 2023. 4SEA has experienced rapid economic growth rates in recent years, far exceeding growth in major world economies such as Japan, the EU and the US. The combined GDP of ASEAN Member States (AMS) was USD 3.8 trillion in 2023, making it the world’s fifth-largest economy. Projections indicate that by 2030, AMS are poised to ascend to the position of the world’s fourth-largest economy. In 2023, ASEAN achieved 4.1% economic growth, with a trajectory expected to persist, underpinned by robust foundational elements. Anticipated regional growth rates are set to surpass the estimated global averages, with a projected increase to over 4.6% in 2024 and 4.7% in 2025. 5

1See ASEAN Briefing (2024). Australia Commits New Investments to Strengthen Ties with Southeast Asia.

2See Worldometer (2024). South-Eastern Asia Population.

3See Google, Temasek and Bain & Company (2024). e-Conomy SEA 2024.

4See International Monetary Fund World Economic Outlook (October - 2024).

5See ASEAN (2024).