The correct answer is - True.
Southeast Asia is one of the regions in the world with the highest potentials. The region has lot of natural resources, mostly young and growing population, and excellent location.
Unfortunately, most of the countries in this region have had lot of problems until recently, some still do, mostly from political and economic nature. Little by little, and one by one, these nations had started to develop more and more. They are also trying to become a proper union, where the people, goods, and ideas will move freely between them, thus supporting one another in all sectors for the benefit of all these nations, or rather the region. For this purpose, ASEAN has been established, where all the nations of Southeast Asia are members, try to improve their relations, support each other, and collaborate.