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.
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.
MANILA, PHILIPPINES (8 December 2016) – The Asian Development Bank has approved a $450 million investment program to promote cross-border economic activities between Guangxi Zhuang Autonomous Region of the People’s Republic of China and northern Viet Nam. The program will focus on developing the North-South Economic Corridor under the Greater Mekong Subregion Cooperation Program.
CHIANG RAI, THAILAND (1 December 2016) – A major expansion of economic corridor networks and new areas for economic investment will strengthen links between the capital cities of Mekong countries, and provide unprecedented opportunities for cross-border trade and investment under an agreement reached today by officials attending the 21st Greater Mekong Subregion (GMS) Ministerial Conference.
PHNOM PENH, CAMBODIA (23 November 2016) — The Asian Development Bank has approved a $117 million loan to the Governments of Cambodia, Lao People’s Democratic Republic, Myanmar and Viet Nam to enhance responses to emerging infectious diseases and the management of other major public health threats. The Lao PDR government is also receiving $8 million in grant assistance.
DA NANG, VIET NAM (29 July 2016) – At the 13th Annual Meeting of the Working Group on Agriculture of the Greater Mekong Subregion, agriculture officials discussed ways to improve food safety and trade, climate friendly agriculture and bioenergy and biomass management.
HA NOI, VIET NAM ( 17 June 2016) — The President of the Asian Development Bank Takehiko Nakao met with Viet Nam’s State President Tran Dai Quang and Prime Minister Nguyen Xuan Phuc during his two-day visit to discuss ADB’s deepening partnership with the country and priorities for future cooperation.
NAY PYI TAW, MYANMAR (14 June 2016) – Asian Development Bank President Takehiko Nakao met with Myanmar’s President U Htin Kyaw and State Counsellor and Minister of Foreign Affairs Daw Aung San Suu Kyi to discuss Myanmar’s development prospects, macroeconomic and structural priorities, and ADB’s support to the new administration.
BANGKOK, THAILAND (2 June 2016) – “Greening” road freight in the Greater Mekong Subregion will help participating countries achieve their Sustainable Development Goals, as well as providing economic benefits, delegates at a workshop in Bangkok heard today.
VIENTIANE, LAO PDR (4 April 2016) — Asian Development Bank President Takehiko Nakao today met Thongsing Thammavong, Prime Minister of the Lao People’s Democratic Republic (Lao PDR), Liane Thykeo, Minister of Finance, and Somdy Douangdy, Minister of Planning and Investment, to discuss how ADB can support the country’s infrastructure, private sector, skills development, and health services.