The Asian Development Bank (ADB) has approved an $82 million loan to improve about 48 kilometers of national and provincial roads in Prey Veng and Kandal to boost economic development along the Greater Mekong Subregion (GMS) Southern Economic Corridor.
The Mekong region is introducing tourists to a wider array of attractions after several tourism start-ups are placed under an innovation accelerator program supported by the Asian Development Bank and the Government of Australia.
The Greater Mekong Subregion (GMS) COVID-19 Response and Recovery Plan 2021–2023 aims to coordinate the efforts of GMS countries on issues that require greater regional cooperation and integration (RCI) to respond to COVID-19 pandemic more effectively. This Plan complements and supports implementation of the GMS Economic Cooperation Program Strategic Framework 2030 (GMS-2030).
The Greater Mekong Subregion (GMS) Economic Cooperation Program Strategic Framework 2030 (GMS-2030) provides a new setting for the development of this subregion for the next decade. It builds upon the GMS Program’s strengths that center on connectivity and a project-led approach to development. This feature summarizes the key priorities of GMS-2030.
The Ha Noi Action Plan 2018–2022 reflected the Greater Mekong Subregion (GMS) Program’s agenda in the last 5 years of the GMS Economic Cooperation Program Strategic Framework 2012–2022. It laid down the agenda for the medium term and guided the Regional Investment Framework in the last 5 years. This feature is based on the Report on Recent Outcomes of GMS Cooperation presented at the 7th GMS Summit of Leaders by Mr. Sok Chenda Sophea, Minister in Charge of the GMS Program, Royal Government of Cambodia on 9 September 2021.
The summit is the highest forum in the Greater Mekong Subregion (GMS) Economic Cooperation Program where the leaders from the six GMS countries can (i) review and assess the progress made under the program; (ii) renew their commitment to subregional cooperation and its goals; (iii) provide support at the highest political level to the program, its projects, and activities; and (iv) provide broad directions for landmark initiatives under the GMS Program. GMS summits are normally held every 3 years.
The Greater Mekong Subregion Economic Cooperation Program Strategic Framework 2030 (GMS-2030) aims to strengthen regional cooperation and integration and ensure a robust recovery from the coronavirus disease (COVID-19).
The Greater Mekong Subregion COVID-19 Response and Recovery Plan 2021–2023 complements the national recovery plans of the GMS countries, which aims to facilitate regional cross-border cooperation.
Since 1992, the GMS Program has helped connect countries, enhanced nations’ competitiveness, and bring communities closer together. As it moves toward its fourth decade, the GMS Program will continue to advance the subregion’s extraordinary transformation, preparing for the dynamic challenges of tomorrow through GMS-2030, its long term strategic framework.
This report explores potential links between the agriculture and tourism sectors that could strengthen infrastructure development and inclusive growth in the Lao People's Democratic Republic.