Thailand is ramping up infrastructure investments next year in the Eastern Economic Corridor, where all the economic corridors of the Greater Mekong Subregion converge.
Mekong governments need to create an enabling environment for public-private partnerships in infrastructure. Here are 4 ways to get the job done.
The Mekong Business Initiative, sponsored by the Australian Government and the Asian Development Bank, is sourcing international investment and facilitating regional expansion for innovative startups.
HA NOI, VIET NAM (18 December 2017) — The Asian Development Bank’s Board of Directors has approved a $150 million loan to help improve economic connectivity and raise living standards in four of Viet Nam’s northeastern provinces by enhancing basic infrastructure and services.
VIENTIANE, LAO PEOPLE’S DEMOCRATIC REPUBLIC (20 November 2017) —The Asian Development Bank and the Government of the Lao People’s Democratic Republic signed an agreement on 13 November for a $10 million grant as additional financing for a project that will enhance sanitary and phytosanitary capacity and improve food safety as well as plant and animal safety in the country.
Scientists are urgently calling for alternative treatments to a malaria “superbug” that now affects four countries in the Greater Mekong Subregion.
The Lao People’s Democratic Republic is operating its first dry port in Savannakhet province, where it is strategically positioned along the Greater Mekong Subregion East-West Economic Corridor, at the mid-point between the nearest Vietnamese seaport of Danang, and Thai ports in Bangkok and Laem Chabang.
VIENTIANE, LAO PEOPLE’S DEMOCRATIC REPUBLIC (4 October 2017) — The Asian Development Bank’s Board of Directors has approved a $10 million grant to the Lao People’s Democratic Republic as additional financing to scale up efforts to improve food safety and ensure plant and animal health, as part of an initiative to improve sanitary and phytosanitary capacity in the country.
PHNOM PENH, CAMBODIA (29 September 2017) — The Asian Development Bank’s Board of Directors has approved a $70 million loan to help provide a more efficient, safe, and disaster resilient transport sector in Cambodia, particularly by improving national roads in the provinces of Prey Veng, Siem Reap, and Svay Rieng along the Greater Mekong Subregion Southern Economic Corridor.
HA NOI, VIET NAM (20 September 2017) — Ministers from the six member countries of the Greater Mekong Subregion today endorsed a five-year action plan framework that includes $64 billion in projects to help the subregion achieve inclusive growth and sustainable development.
SIEM REAP, CAMBODIA (8 September 2017) — Agriculture ministers in the Greater Mekong Subregion today endorsed a 5-year strategy and action plan to build a region-wide food safety system.
Special economic zones combined with economic corridors are a potent force for prosperity in the Greater Mekong Subregion.
SIEM REAP, CAMBODIA (13 July 2017) — A senior level working group meeting is finalizing a 5-year strategy for promoting safe and environment-friendly agro-based value chains (2018-2022) for the Greater Mekong Subregion.
At the southernmost tip of the Mekong Delta, Vietnamese shrimp farmers are going organic and restoring mangrove forests to help protect coastal communities against sea level rise.