MANILA, PHILIPPINES (12 December 2012) - The next phase of Greater Mekong Subregion investments should expand the program into new areas such as multisector investments towards urban development, connecting remote areas with growth centers, and extending existing corridors into Myanmar, ministers attending the 18th GMS Ministerial Conference in Nanning, People's Republic of China said today in a joint statement.
Developing transport infrastructure in tandem with policies and procedures for crossing borders and promoting trade has been central to efforts to interconnect the Greater Mekong Subregion countries.
Transport lies at the heart of Greater Mekong Subregion cooperation. The development of physical infrastructure, such as roads and bridges, in tandem with policies and procedures for crossing borders and developing trade along key routes, has been central to efforts to forge a truly interconnected subregion.
Physically connecting the countries of the subregion was one of the first initiatives of the GMS program when it was founded in 1992. The countries of the Greater Mekong Subregion have acknowledged that in order to cooperate in trade, tourism, and investment, and to realize the other benefits of the region, they must expand the road links and border crossings that connect them.
This is being done through the development of “economic corridors”, which are geographic areas, often along major highways, where a variety of development projects are undertaken to maximize their development benefits. This might include projects involving infrastructure, laws and regulations, market development, and the improvement of urban centers. Economic corridors bring a wide range of benefits, far beyond what single projects deliver in terms of development impact.
The three main GMS corridors—the East–West, North–South and Southern economic corridors—have improved the lives of millions of people in the Greater Mekong Subregion. These corridors are being enhanced with secondary roads that extend their benefits to nearby communities most in need, and other roads that link to strategic seaports in the subregion. The regulatory details of how people and goods can best move along these corridors are also currently being worked out.
MANDALAY, MYANMAR (28 June 2012) - Ministers and senior government officials from the six Greater Mekong Subregion countries met today to discuss ways of expanding economic corridors to better facilitate the movement of people and products around the subregion.
The Fifteenth Meeting of the Subregional Transport Forum (STF-15) was held in Vientiane, Lao People’s Democratic Republic (Lao PDR), on 14–15 September 2011. The Forum was jointly organized by the Ministry of Public Works and Transport (MPWT), Lao PDR and the Asian Development Bank (ADB).
PHNOM PENH, CAMBODIA (4 August 2011) - Countries in the Greater Mekong Subregion (GMS) are poised to move the GMS Economic Cooperation Program into a second generation of initiatives over the next 10 years.
VIENTIANE, LAO PDR (30 June 2011) – Progress in developing the economic corridors in the Greater Mekong Subregion will be a key indicator of the success of the GMS Economic Cooperation Program, delegates at today's Third Economic Corridors Forum meeting heard.
MANILA, PHILIPPINES (27 December 2010) - The Asian Development Bank will provide a technical assistance grant to help countries in the Greater Mekong Subregion achieve greater connectivity through coordinated railway development.
The Fourteenth Meeting of the Subregional Transport Forum (STF-14) was held in Nanning, Guangxi Zhuang Autonomous Region (GZAR), People’s Republic of China (PRC), on 2-3 December 2010 The Meeting was jointly organized by the Ministry of Transport, PRC; the Department of Transport, GZAR; and the Asian Development Bank (ADB).
The Fourteenth Meeting of the Subregional Transport Forum (STF-14) was held in Nanning, Guangxi Zhuang Autonomous Region (GZAR), People's Republic of China (PRC), on 2-3 December 2010 The Meeting was jointly organized by the Ministry of Transport, PRC; the Department of Transport, GZAR; and the Asian Development Bank (ADB).
MANILA, PHILIPPINES (29 November 2010) - The Asian Development Bank will extend $95 million to help the Lao People's Democratic Republic and Viet Nam upgrade roads in the northeastern transport corridor that offers trade and poverty reduction benefits to both countries, as well as the wider Mekong region.
A new regional railway brings hope for growth to Cambodians, and reminds older Cambodians of prosperous times before recent decades of conflict.