Workers take a ride on a truck after their shift at a factory in Cambodia. Photo by ADB.

$82 Million ADB Loan to Improve Cambodian Roads, Support GMS Economic Corridors

The Asian Development Bank (ADB) has approved an $82 million loan to improve about 48 kilometers of national and provincial roads in Prey Veng and Kandal to boost economic development along the Greater Mekong Subregion (GMS) Southern Economic Corridor.

GMS in the News

ADB-supported Event Promotes Cross-border Trade between India and GMS Countries

Trade promotion agencies of Cambodia, India, Thailand, and Viet Nam held an event promoting cross-border trade connectivity between India and countries in the Greater Mekong Subregion (GMS) on 19 August. Representatives from each country gave briefings on their business environment and exchanged experiences in facilitating trade and investment cooperation. Noting challenges caused by COVID-19, they urged governments to take measures to help their small and medium-sized enterprises (SMEs) move beyond national borders and expand markets.

GMS in the News

An aerial rendering of the SDZ. Photo by the Yunnan Provincial Overseas Investment Co. Ltd.

PRC, Lao PDR Jointly Developing a Low-carbon Demonstration Zone

The Vientiane Saysettha Development Zone (SDZ) is being developed into a low-carbon demonstration model by the Lao-China Joint Venture Investment Co., Ltd. (LCJV). Low carbon demonstration zones hope to address climate change and green and low-carbon transition, and boost regional cooperation with the PRC. 

GMS in the News

Parks and scenic areas in Beijing, PRC, have taken measures to control the number of visitors and limit them to 40% of the same period of previous years. Photo by ADB.

Fourth Meeting of the GMS Urban Development Working Group

The Fourth Meeting of the Greater Mekong Subregion (GMS) Urban Development Working Group (UDWG-4) was held via web-based conferencing on 17 December 2020. Mr. Xu Jianping, Director General, Department of Regional Opening-up, National Development and Reform Commission (NDRC) of the People’s Republic of China (PRC), chaired the meeting with Mr.

Events