Guangxi Province Releases Action Plan to Promote Marine Economy

The General Office of the People's Government of Guangxi Zhuang Autonomous Region in the People's Republic of China released a “Three Year Action Plan for Guangxi to Accelerate the Development of Xianghai Economy and Promote the Construction of a Strong Ocean Region (2020-2022)” on 29 September. The Action Plan proposes the (i) development of large-scale, intensive, and sustainable offshore wind power resources, and (ii) construction of an offshore wind industrial value chain, with offshore wind industry clusters and industrial parks.

GMS in the News

Cambodia Approves Two 500 kV Transmission Line Projects

The Government of Cambodia’s Council of Ministers approved two 500 kilovolt (kV) transmission line investment projects in (i) Phnom Penh to the Cambodia-Lao PDR border, and (ii) Battambang to the Cambodia-Thailand border, to prepare to import electricity from its neighbors. The Government of Cambodia is working on increasing the country’s electricity capacity to improve production and competitiveness.

GMS in the News

Border check point on the Lao PDR side of the Mekong River. Laos and Thailand are now linked by “Friendship Bridge II” completed in 2007. Photo by ADB.

Sixth Thai-Lao PDR Friendship Bridge to Open in 2025

Thailand’s Ministry of Transport is scheduled to complete the 6th Thai-Lao friendship bridge by 2025, according to Mr. Saksayam Chidchob, Thailand Minister of Transport.  This new bridge promises to further enhance border trade and promote tourism between Thailand and the Lao People’s Democratic Republic (PDR). 

GMS in the News

Feasibility Study Planned for New Railway Line in Lao PDR

The Chinnakorn Civil Public Company of Thailand signed a memorandum of understanding with the Ministry of Planning and Investment of the Lao People’s Democratic Republic (PDR) to conduct a feasibility study for a new railway line in southern Lao PDR. Mr. Vanhxay Inthalaseth, President of the Chinnakorn Civil Public Company and Ms. Khamchanh Vongsengboun, Lao PDR Deputy Minister of Planning and Investment, conducted the signing on 16 October 2020.  The project is expected to promote socio-economic development along areas on the railway route.

GMS in the News

The 9th ACMECS Summit Declaration emphasized post-pandemic socio-economic recovery and preparation for future crises. Photo by OCM.

9th ACMECS Summit Declaration Focuses on Post-pandemic Recovery

Leaders of Cambodia, Lao PDR, Myanmar, Thailand, and Viet Nam adopted the Phnom Penh declaration at the 9th Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) Summit held on 9 December. The declaration emphasizes post-pandemic socio-economic recovery and preparation for future crises and challenges through public health cooperation and enhanced supply chains. ACMECS leaders stressed the importance of vaccine multilateralism to ensure equitable and safe access to coronavirus disease (COVID-19) vaccines. 

GMS in the News

The 8th Mekong–RoK Business Forum was held in-person in Hanoi, Viet Nam, and online. Photo by TTXVN via Viet Nam Plus.

Mekong–Republic of Korea Business Forum Facilitates Trade Partnership

The 8th Mekong–Republic of Korea (RoK) Business Forum acknowledged how the RoK and the Mekong countries sustained their trade to 2019 levels amid the pandemic by upholding their trade relations. The Forum was held on 4 December in-person in Hanoi, Viet Nam, and online. 

GMS in the News