Economic zones are growth engines of the Greater Mekong Subregion, stimulating economic activity and creating jobs. Yet, not much attention has been given to the social and health aspects of economic zone development until recently.
VIENTIANE, LAO PEOPLE’S DEMOCRATIC REPUBLIC (31 July 2018) — The Asian Development Bank’s Board of Directors has approved a $40.5 million grant to help farmers and agribusinesses develop sustainable and climate-smart agriculture value chains in the Lao People’s Democratic Republic.
A comprehensive grievance redress mechanism used a wide range of tools, institutions, and approaches to resolve project complaints and mitigate potential issues.
The Lao People’s Democratic Republic lies at the heart of the Greater Mekong Subregion and its economic corridors . However, the country has yet to maximize benefits from the subregion’s investments in infrastructure and services.
Countries in the Greater Mekong Subregion recognize how a health impact assessment framework can help ensure that both businesses and communities benefit from economic zone development.
Cambodia and the Lao People’s Democratic Republic have agreed to strengthen joint efforts to fight illegal fishing practices and increase fish stock in the Mekong-Sekong basin.
The Lao National Chamber of Commerce and Industry on 5 July launched the Lao Provincial Facilitation of Investment and Trade Index (ProFIT), which rates economic governance at the provincial level according to feedback from the country's small and medium enterprises.
The World Bank approved in June $110 million in additional financing to improve the condition, safety, and climate resilience of a key highway in Cambodia.
Asian Development Bank President Takehiko Nakao and People’s Republic of China Secretary of the Party Leadership Group and Vice President of the Development Research Center Ma Jiantang discussed the possibility of conducting joint knowledge work on regional cooperation.
BANGKOK, THAILAND (4 July 2018) — The Asian Development Bank and the Government of Thailand today signed a $99.4 million loan agreement to help the country upgrade 125 kilometers of highways and improve road safety management in the country’s northeastern region.
PHNOM PENH, CAMBODIA (4 July 2018) — The Asian Development Bank’s Board of Directors has approved a $90 million loan to help Cambodia strengthen climate resilience and modernize the agriculture sector using advanced technologies.
The Mekong Innovative Startups in Tourism (MIST) announced the 10 companies it will support in 2018 under its Startup Accelerator Program and Market Access Program.
The Ministry of Tourism and Sports of Thailand is hosting the Mekong Tourism Forum (MTF) 2018 in Nakhon Phanom province from 26 to 29 June in collaboration with the Mekong Tourism Coordinating Office. This year's forum will focus on travel trends with the theme "Transforming Travel—Transforming Lives."
International visitor arrivals in the Greater Mekong Subregion went up by 13% to 59.9 million in 2017, according to the Pacific Asia Travel Association’s Annual Tourism Monitor 2018.
Five Mekong River Basin countries have agreed on a 5-year master plan that includes promoting the smooth flow of goods and people in the East-West Economic Corridor and Southern Economic Corridor of the Greater Mekong Subregion.
PU’ER CITY, PEOPLE’S REPUBLIC OF CHINA (31 May 2018) — Senior agriculture officials from the six member countries of the Greater Mekong Subregion agreed to increase regional cooperation in food safety, boost the trading of climate-friendly agriculture products, and accelerate the implementation of the five-year GMS Strategy and Siem Reap Action Plan endorsed by the Second GMS Agriculture Ministers’ Meeting.
Myanmar is putting in place a national safeguards system to better balance rapid economic growth and environmental sustainability.