Note: This article was originally published in  Biometric Update. Mr Koji Hachiyama was quoted. 

A circular economy is an economic concept that prioritises material recovery at the end of a product lifecycle to channel resources back into production and eliminate waste, such as smart city and recycling. Koji said in order to build a circular economy, there should be a large private investment and new technologies would potentially be established to change the social system.

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Potential for Circular Economy to Drive ASEAN Economic Growth