The Association of Southeast Asian Nations (ASEAN) have identified 19 priority infrastructure projects to enhance regional connectivity and mobilize investments. Fifteen of the projects are in the Greater Mekong Subregion.
Thailand is embarking on several projects in its northeastern region to improve travel to the Lao People’s Democratic Republic (Lao PDR).
BANGKOK, THAILAND (4 June 2019) — The Asian Development Bank signed an agreement with a financing package of 9.9 billion Thai baht ($311 million equivalent) for the construction and operation of the Pink and Yellow lines of Bangkok’s mass rapid transit system.
Thailand is spending 100 billion baht ($3 billion) in infrastructure to strengthen its position as a transport and trade hub along the economic corridors of the Greater Mekong Subregion.
The six countries of the Greater Mekong Subregion have agreed to extend the “early harvest” implementation of their Cross-Border Transport Facilitation Agreement (CBTA) for 2 years.
The People’s Republic of China, Lao People’s Democratic Republic, and Thailand have agreed to build a railway bridge that will be part of a high-speed rail line connecting the three countries.
Japan and the five Southeast Asian countries of the Greater Mekong Subregion adopted the Tokyo Strategy 2018 at the 10th Mekong-Japan Summit Meeting in Tokyo on 9 October.
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