Five Reasons Air Travel Is Booming in the Greater Mekong Subregion
The Greater Mekong Subregion is one of the fast-growing markets for air transport services today.
The Greater Mekong Subregion is one of the fast-growing markets for air transport services today.
Thailand is ramping up infrastructure investments next year in the Eastern Economic Corridor, where all the economic corridors of the Greater Mekong Subregion converge.
Mekong governments need to create an enabling environment for public-private partnerships in infrastructure. Here are 4 ways to get the job done.
The Mekong Business Initiative, sponsored by the Australian Government and the Asian Development Bank, is sourcing international investment and facilitating regional expansion for innovative startups.
HA NOI, VIET NAM (18 December 2017) — The Asian Development Bank’s Board of Directors has approved a $150 million loan to help improve economic connectivity and raise living standards in four of Viet Nam’s northeastern provinces by enhancing basic infrastructure and services.
Lao PDR Deputy Minister of Finance Thipphakone Chanthavongsa (seated, right) and ADB Country Director for the Lao PDR (seated, left) Yasushi Negishi signed the additional grant agreement in Vientiane. Deputy Minister of Agriculture and Forestry Phouangparisak Pravongviengkham (standing, second from right) also attended the signing ceremony.
VIENTIANE, LAO PEOPLE’S DEMOCRATIC REPUBLIC (20 November 2017) —The Asian Development Bank and the Government of the Lao People’s Democratic Republic signed an agreement on 13 November for a $10 million grant as additional financing for a project that will enhance sanitary and phytosanitary capacity and improve food safety as well as plant and animal safety in the country.
The Greater Mekong Subregion has significant potential to develop renewal energy, but it also faces major challenges.
Scientists are urgently calling for alternative treatments to a malaria “superbug” that now affects four countries in the Greater Mekong Subregion.
The Lao People’s Democratic Republic is operating its first dry port in Savannakhet province, where it is strategically positioned along the Greater Mekong Subregion East-West Economic Corridor, at the mid-point between the nearest Vietnamese seaport of Danang, and Thai ports in Bangkok and Laem Chabang.
The Mekong Business Initiative is helping Vietnamese businesswomen build their capacity to engage the government in dialogue.