The Sihanoukville Special Economic Zone (SSEZ) in Cambodia marked a significant upsurge in trade activities in January and February 2024. The trade volume through this economic corridor reached $628 million, reflecting a robust growth of 38.3% compared to the same period in 2023.
The Freshwater Aquaculture Research and Development Centre (FARDeC), under Cambodia’s Ministry of Agriculture, Forestry and Fisheries, is significantly bolstering the country's aquaculture sector by producing tens of thousands of fish hatchlings. Young fish bred by FARDeC have exhibited higher survival rates and faster growth compared to those in the wild, a success attributed to the center's specialized feeding program.
Cambodia's tourism sector continues on an upward trajectory, with the country making concerted efforts to surpass pre-pandemic tourism levels through strategic campaigns, international collaborations, and infrastructural enhancements. In the initial months of 2024, Cambodia has seen a significant uptick in international tourism.
The construction of the fifth Lao-Thai Friendship Bridge, an infrastructure project connecting the Lao People’s Democratic Republic (Lao PDR) and Thailand, is on schedule to be completed by the end of 2024. This bridge spans the Mekong River, linking Bolikhamxay province in Lao PDR with Bueng Kan province in Thailand. The project is a testament to the ongoing cooperation between the two nations and is expected to enhance travel and trade within the Greater Mekong Subregion (GMS).
Building a Strong and Cohesive GMS Community with a Shared Future towards Resilient Economic Development
Thailand is on track to welcome 36 million international visitors in 2024, according to the Kasikorn Research Centre (KResearch). This forecast is based on the robust performance in the early months of the year, which marked a notable 50% increase in foreign arrivals, totaling 6.4 million in January and February.
This brief demonstrates the importance of measuring the benefits of Viet Nam’s 144-megawatt Lotus Wind Power Project and defining its economic and social impacts as the country ramps up its renewable energy generation.
Electric vehicle adoption into the public transport sector is apowerful game changer that can help to cut emissions at densely populated urban centres right across the region.
The Asian Development Bank (ADB) and BANPU Public Company Limited signed a 2.4 billion baht loan to support the financing of 1,500 six-seater electric tuktuks (e-tuktuks) and related charging stations for micro-scale transit services in Bangkok, Thailand.
The 2nd Meeting of the Greater Mekong Subregion (GMS) Energy Transition Task Force (ETTF-2) was held in Siem Reap, Cambodia on 4-5 December 2023 in a hybrid format. ETTF-2 was followed by a training on regional power market for the GMS Regional Power Trade Working Group (RPTWG) on 6 December 2023.
ADB and the National Health Commission of People’s Republic of China convened the 6th Greater Mekong Subregion Working Group on Health Cooperation Meeting on 13-15 December 2023 in Beijing.
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