ADB Loan to Boost Urban Services in Towns Along GMS Economic Corridor

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.

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Town market, Myanmar. Photo: ADB.

ADB and NEDA are exploring joint development of corridor towns in Myanmar. Photo: ADB.

ADB, NEDA Sign Partnership For Joint Cooperation Programs

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.

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The GMS ministers called for a Transport and Trade Facilitation Action Program to enhance the cross-border flow of goods and people, and for a coordinated approach to developing urban areas throughout the region. A vendor selling different products in a market in Thailand. Photo: ADB.

Ministers Endorse Plans to Develop New Special Economic Zones in Mekong

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.

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GMS Economic Corridors Forum Looks to Enhance Cross-Border Trade

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.

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