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.
The International Finance Corporation is partnering with Thailand-based Amata Corporation to develop sustainability projects for cities, towns, and industrial zones in the Greater Mekong Subregion. The projects will promote green growth and sustainable design practices.
Thailand is ramping up infrastructure investments next year in the Eastern Economic Corridor, where all the economic corridors of the Greater Mekong Subregion converge.
Thailand is rolling out an ambitious plan to transform the eastern part of the country into an investment, technology, and transportation hub, where all the economic corridors of the Greater Mekong Subregion converge.
The Myanmar government recently approved a project that will ensure the completion of the Greater Mekong Subregion East-West Economic Corridor, which stretches from Danang, Viet Nam to Yangon, Myanmar.
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.