GMS in the News

The Greater Mekong Subregion Flood and Drought Risk Management and Mitigation Project was approved by the Asian Development Bank (ADB) in December 2012 to support the Government of Cambodia in undertaking measures to prepare for and manage disaster risks linked to floods and droughts. Completed in February 2022, the project supported the rehabilitation of the Damnak Chheukrom Mega Irrigation System.

Farmers are playing a pivotal role in Quảng Ninh, Viet Nam’s restructured vision for its agricultural sector for 2022-2025. The vision aims to expand agricultural markets, establish supply chains that integrate technology, and create a cohesive and sustainable agricultural economic ecosystem. Farmers are key drivers as the Government provides support, committing substantial resources to strengthen local farmers' capacity. Initiatives have included

The Government of Thailand eyes an investment target of THB 500 billion (around $13.7 billion) for its Eastern Economic Corridor (EEC) over the next five years, focusing on industries such as electric vehicle development, medical services, biotechnology infrastructure, and digital industries. 

Lao PDR Prime Minister Sonexay Siphandone, in his meeting with the Chairman of the Guangxi Zhuang Autonomous Region (GZAR), People's Republic of China (PRC), Mr. Lan Tianli, expressed hopes of enhancing their relationship further.

 The Asian Development Bank (ADB) and Australis Holdings, Inc. (Australis) signed a $15 million convertible note to promote climate-resilient, ocean-based barramundi and seaweed aquaculture in Viet Nam.

Agriculture has been a double-edged sword for the Greater Mekong Sub-Region: while it provides an ample source of nutrition and business for GMS countries, it also places undue pressure on the environment.

The Guangxi Zhuang Autonomous Region (GZAR) plans to build a green food processing and manufacturing base for the ASEAN, said Mr. Xu Liqing, Deputy Director of the Department of Industry and Information Technology of GZAR. He spoke at the Guangxi Food Processing Industry Chain Investment Promotion Conference held in Nanning, Guangxi, PRC.