An ambitious effort is underway to connect the rail systems of Mekong countries so that passengers and freight can move seamlessly across borders.
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Economic corridors, like the East-West Corridor running through the Greater Mekong Subregion, are much more than just highways. They link a variety of economic activities and have wide-ranging impacts.
The Myanmar government recently approved a project that will ensure the completion of the Greater Mekong Subregion East-West Economic Corridor, which stretches from Danang, Viet Nam to Yangon, Myanmar.
Economic growth in Southeast Asia is trending up with nearly all countries showing bright prospects. The Asian Development Bank (ADB) forecasts gross domestic product (GDP) to grow at an average of 4.8% in 2017 and 5% in 2018, from 4.7% in 2016.
HONG KONG, CHINA (6 April 2017) — The People’s Republic of China (PRC) needs to accelerate structural reforms in order to boost productivity and sustain growth momentum, says a new Asian Development Bank report.
YANGON, MYANMAR (6 April 2017) — Myanmar’s growth should accelerate this year and the next, driven by a firming recovery in the major industrial economies and the government’s continued reforms, says a new Asian Development Bank (ADB) report launched today.
VIENTIANE, LAO PDR (6 April 2017) — Economic growth is picking up in the Lao People’s Democratic Republic’s (Lao PDR) in 2017 and 2018, supported by the expansion of production and sales of electricity, a buoyant services sector growth, and construction of the cross-border railway project, says a new Asian Development Bank report released today.
PHNOM PENH, CAMBODIA (6 April 2017) — Cambodia’s economy is expected to remain strong over the next 2 years, driven by solid garment and footwear exports, construction and real estate activities, rising government expenditure, and a moderate recovery in agricultural production, says a new Asian Development Bank (ADB) report released today.
This is the summary of proceedings from the 21st Meeting of the Regional Power Trade Coordination Committee (RPTCC-21) and the meetings of the Working Group on Performance Standards and Grid Codes and Working Group on Regulatory Issues held on 8–9 December 2016 in Siem Reap, Cambodia.
This is the summary of proceedings from the 22nd Annual Meeting of the Greater Mekong Subregion Working Group on Environment (WGE AM-22) held on 26-27 July 2016 in Da Nang, Viet Nam.
VIENTIANE, LAO PEOPLE’S DEMOCRATIC REPUBLIC (3 February 2017) — The Asian Development Bank and the Government of Lao People’s Democratic Republic today signed an agreement for a $12 million loan and grant package for a health security project.
The countries of the Greater Mekong Subregion (GMS) have undergone an amazing transformation since 1992, and more changes are on the way. Here are 10 things you might not know about this dynamic subregion.
This was the statement issued by the Joint Committee for the Cross-Border Transport Facilitation Agreement in Chiang Mai, Thailand on 16 December 2016.
This energy sector assessment, strategy, and road map documents the current assessment and strategic investment priorities of ADB and the governments of the Greater Mekong Subregion countries in the energy sector.
This is the summary of proceedings of the 5th Meeting of the GMS Urban Development Task Force held in Bangkok, Thailand from 25–26 August 2016.
Political and socioeconomic conditions in the GMS subregion have changed dramatically over the last two decades. It is vital that the Program and its institutional framework are able to respond to these changes and address new challenges.
The report discusses the status of priority projects in the Greater Mekong Subregion as of 30 June 2016. It also contains the Revised Regional Investment Framework Implementation Plan 2020.