HA NOI, VIET NAM (3 December 2015) – The Asian Development Bank has approved a $100 million loan to support government efforts to boost urban and water services in Bac Giang, Mong Cai and Sa Pa, three towns located along the North-South Economic Corridor within the Greater Mekong Subregion.
The Greater Mekong Subregion is working to improve the quality of life and economic vibrancy of its cities and towns by using global best practices in urban development.
By 2050, the Greater Mekong Subregion is expected to be at least 50% urbanized. This will bring vast changes to the economies of the subregion. What was once a primarily agricultural area is transforming into a place where cities and towns are the main drivers of economic growth. Careful planning is needed to balance urban growth with environmental protection and economic equity so that healthy cities can be enjoyed by all residents.
The Greater Mekong Subregion is working to improve the quality of life and economic vibrancy of its cities through the development of national strategies and projects that incorporate global best practices into the subregion’s urban development. This work has included the first and second Corridor Towns Development Project, which is developing competitive and environmentally friendly cities along vital economic arteries in the subregion. Cross-border economic zones are also being developed.
VIENTIANE, LAO PEOPLE’S DEMOCRATIC REPUBLIC (16 November 2015) – The Asian Development Bank has approved a $37 million loan, with an additional $10 million in cofinancing, to support government efforts to improve urban services in Houayxay and Luang Namtha, two towns located along a Greater Mekong Subregion main economic corridor.
Modern water supply, wastewater treatment, and garbage collection services are paving the way for the transformation of the city of Mandalay in upper Myanmar into a prosperous, green urban center.
BANGKOK, THAILAND (15 October 2017) – The Asian Development Bank and the Neighbouring Countries Economic Development Cooperation Agency, a Thai development agency, have signed a partnership arrangement to carry out joint cooperation programs at national and regional levels.
The Greater Mekong Subregion Urban Development Strategic Framework, 2012–2022, sets out a broad framework to encourage and facilitate a coordinated approach to the development of urban areas throughout the GMS.
KUNMING, PEOPLE’S REPUBLIC OF CHINA (11 June 2015) – Government ministers and senior officials attending the Greater Mekong Subregion Seventh Economic Corridors Forum today agreed on measures to promote the development of economic corridors, facilitate cross-border transport and trade, and enhance cooperation and private sector participation.
KUNMING, PEOPLE’S REPUBLIC OF CHINA (10 June 2015) – Ministers and senior officials from the six Greater Mekong Subregion countries and the Vice-President of the Asian Development Bank will convene tomorrow at the 7th GMS Economic Corridors Forum to discuss how to further develop economic corridors, facilitate cross-border transport and trade, and enhance cooperation and private sector participation – including the development of Special Economic Zones.
The Third Meeting of the GMS Task Force on Urban Development in Vientiane, Lao People’s Democratic Republic (Lao PDR) from 11–12 September 2014 was held to (i) review the draft GMS Urban Development Strategy1 and Implementation Plan; (ii) discuss the GMS Regional Investment Framework (RIF) Implementation Plan, monitoring and evaluation (M&E) system, and the results of the GMS Sixth Economic Corridors Forum (ECF-6) in Ha Noi, Viet Nam (8 August 2014) on Special Economic Zones (SEZs) and Cross Border Economic Zones (CBEZs); and (iii) agree on the way forward of the GMS Urban Development S
HA NOI, VIET NAM (8 August 2014) – The Greater Mekong Subregion (GMS) needs to ensure that economic corridors yield benefits in terms of trade, investment, and jobs, participants at the 6th GMS Economic Corridors Forum (ECF) heard today.
The Second Meeting of the Urban Development Task Force held in Kunming City from 14–15 November 2013 was undertaken with the objective of further strengthening regional cooperation in the urban development sector and stimulating integration and competitiveness of GMS corridor towns and border areas.