However, the East Asian experience suggests that most of the accomplishments needed to engender the development of regional supply chains can be accomplished either as unilateral policy initiatives by individual countries or as the product of relatively informal arrangements to produce regional public and quasi-public goods. There are already opportunities to develop forward and backward linkages within and across existing industries that are region-wide. Success will likely require complementary policies in improving transport and logistics services across the region, attracting intra-regional and extra-regional FDI, improving financing to allow greater participation of local SMEs, and improving the local transaction costs of doing business across regional LDCs in particular and the region in general.