Caption: Photo by Eric Sales/ADB
The Asian Development Bank (ADB) has approved a $73 million financing package to boost the climate resilience and sustainability of coastal and marine fisheries in Cambodia.
The Asian Development Bank (ADB) has approved a sector development program that combines a $50 million policy-based loan package with $23 million in project investments to support the energy transition of Cambodia. The Energy Transition Sector Development Program includes ADB’s first comprehensive policy reform package for the energy sector in Cambodia.
Food safety has a significant negative impact on economic growth and human health. As a result, more mandatory legal requirements for food safety risk management techniques and various risk management mechanisms are being adopted.
The Asian Development Bank (ADB) and Monsoon Wind Power Company Limited (Monsoon) signed a $ 692.55 million nonrecourse project financing package to build a 600-megawatt wind power plant in Sekong and Attapeu provinces in the southern region of the Lao People’s Democratic Republic (Lao PDR) to export and sell power to neighboring Viet Nam. Comprising 133 wind turbines, the project will be the largest wind power plant in Southeast Asia and the first in the Lao PDR.
The Mekong Tourism Forum 2022 (MTF 2022) was held in Quang Nam, Hoi An, Viet Nam, on 12 – 13 October 2022, attended by over 250 delegates from across the region. It was hosted by Viet Nam’s Ministry of Culture, Sports and Tourism, in collaboration with the Mekong Tourism Coordinating Office (MTCO) and supported by the Asian Development Bank. The MTF 2022 followed the 50th Meeting of the Greater Mekong Subregion (GMS) Tourism Working Group and the MTCO Board Meeting.
The Department of Public Works and Transport of the Lao People’s Democratic Republic (PDR), and Supthavy Construction Maintenance Complete Sole Ltd. signed an agreement for the fourth Greater Mekong Subregion (GMS) Corridor Towns Development Project. Mr. Khouanta Douanglaty, department director, and Ms. Chinadavone Siritham, President, Supthavy Construction led the signing.
Rural communities in the GMS (comprising 67 percent of the GMS population) are on the frontline of climate change and most vulnerable to losses and damages, and many lack the resources and capacity to deal with them.
Cambodia has welcomed over 1.57 million international visitors during the first ten months of 2022, according to the latest report of the country’s Ministry of Tourism. The number of foreign tourists grew by 991.1% compared to the same period in 2021. According to data, tourist arrivals are as follows: around 1 million by land, around 560,000 by air, and 10,000 by waterway.
The ADB and the Ministry of Health (MOH) of Cambodia convened the 5th Greater Mekong Subregion Working Group on Health Cooperation Meeting (GMS-WGHC-5 Meeting) on 13–14 December 2022 in Siem Reap.
The Greater Mekong Subregion has been undergoing diverse and rapid agricultural transformation over the last decades and contributing majorly to the global food supply.
Greater Mekong Subregion Secretariat
Regional Cooperation and Operations Coordination Division,
Southeast Asia Department, Asian Development Bank
Address: 6 ADB Avenue, Mandaluyong City 1550, Metro Manila, Philippines
Telephone: +63 2 8632 4444 Fax: +63 2 8636 2226