Motorcycle tires being manufactured inside the Camel Rubber Vietnam Co. Ltd factory at the Lao Bao Commercial Area in Huong Hoa District, Quang Tri, Viet Nam. The tires produced by the company are sold locally and are also exported to Lao PDR, Cambodia, Thailand, European and South American countries, as well as to other countries in the ASEAN region. Photo by the Asian Development Bank.

ADB Promotes Trade and Cross-border Investment between SMEs in the GMS and India

The Asian Development Bank (ADB) approved a $3,000,000 technical assistance to support the implementation of initiatives to accelerate trade and cross-border investment between small and medium-sized enterprises (SMEs) of Cambodia, Thailand, Viet Nam—member countries of the Greater Mekong Subregion (GMS) program—and India. This ADB-administered technical assistance is financed by the United Kingdom Fund for Asia Regional Trade and Connectivity under the Regional Cooperation and Integration Financing Partnership Facility.

Projects

The Noi Bai-Lao Cai Highway is an integral section of the eastern link of the GMS Northern Economic Corridor, connecting Kunming in Yunnan province of the PRC with Hanoi, and Hai Phong and Cai Lan ports in Viet Nam. Photo by ADB.

Lao Cai, Viet Nam as an Investment Spotlight 

Viet Nam’s Lao Cai province has become a ‘promising destination for foreign investments,’ according to a feature on the Viet Nam Briefing, with its strategic location on the Greater Mekong Subregion (GMS) Northern Economic Corridor and its connectivity to the southwestern region of the People’s Republic of China (PRC). Key sectors of investment in Lao Cai include construction, tourism, and a

GMS in the News

Seated from left: Mr. Sok Chenda Sophea, Minister attached to the Prime Minister, Minister in charge of GMS Cooperation Program/GMS Minister, Secretary General, Council for the Development of Cambodia, and Mr. Ahmed M. Saeed, Vice President for ADB Operations in the Southeast Asia Department, the East Asia Department, and the Pacific Department at the 23rd GMS Ministerial Conference. Photo by ADB.

ADB Affirms Support for Future GMS Initiatives 

The Asian Development Bank (ADB) remains committed to supporting the future initiatives of the Greater Mekong Subregion (GMS) Program. Mr. Ahmed M. Saeed, Vice President of ADB, reaffirmed ADB’s support in his speech at the recently-concluded 23rd GMS Ministerial Conference (MC-23). The MC-23 was Mr.

Events

Phnom Penh skyline reflecting the city's rapid growth. The Central Market, built in 1937, is seen in the foreground. Photo by Lor Teng Huy - own work, CC BY-SA 4.0

GMS Ministers to Gather in Phnom Penh for the 23rd GMS Ministerial Conference

The Ministers of the six member countries of the Greater Mekong Subregion (GMS) are set to lay the groundwork for the preparation for the 7th GMS Summit of Leaders. 

Hosted by the Royal Government of Cambodia and the Asian Development Bank (ADB), the 23rd GMS Ministerial Conference (MC-23) will take place in Phnom Penh on 18 November 2019, with the theme "Greater Integration, Inclusivity and Sustainability in the GMS.”   

Articles

Connecting Nations, Linking People

This publication outlines the GMS Economic Cooperation Program (GMS Program) which was initiated in 1992 with the support of ADB. It aims to promote economic cooperation among Cambodia, People's Republic of China (PRC), Lao People's Democratic Republic (Lao PDR), Myanmar, Thailand, and Viet Nam.
The GMS Program covers nine priority sectors: transportation, telecommunications, energy, environment, human resource development, trade, investment, tourism, and agriculture.