GMS in the News

ADB-financed GMS Project to Strengthen Urban and Tourism Infrastructure, Enhance Women’s Opportunities in Luang Prabang, Lao PDR

The Asian Development Bank (ADB) will support the sustainable, inclusive, and resilient urban development of Luang Prabang, Lao People’s Democratic Republic (Lao PDR), with financing worth $35 million via a concessional loan and a $10 million grant. The project is set to (i) improve the quality and coverage of urban infrastructure and services, (ii) strengthen institutions and capacity to foster climate and disaster resilient development pathways, (iii) promote inclusive and gender-responsive urban planning, and (iv) enhance women's leadership and economic empowerment. The Government of Lao PDR will complement the financing with in-kind contributions to support counterpart salaries and office facilities

The Kim Thanh International Border Gate between Lao Cai (Viet Nam) and Yunnan Province (PRC) plays a vital role in the GMS northern corridor. Photo by ADB.

AEIR 2023 Highlights Deepening Integration, Continued Economic Growth in the GMS

The Asian Economic Integration Report 2023 highlights the continued growth of integration in subregional initiatives and programs in Southeast Asia, including both in the GMS and the ASEAN, from 2006 to 2020.

The Guangxi Li River Comprehensive Ecological Management and Demonstration Project will implement sustainable village preservation and low-carbon facilities. Photo by ADB.

ADB to Support Preservation of Guilin in PRC

 The Asian Development Bank (ADB) has approved a $140 million loan to improve the environmental and economic conditions in Guilin in the Guangxi Zhuang Autonomous Region of the People’s Republic of China.

“Rapid urbanization has become a threat to Guilin's natural resources and sustainable development,” said ADB Senior Transport Specialist for East Asia Nicolas Dei Castelli. “This project will include a number of innovative solutions with demonstration potential, including low-carbon mobility, inclusive sanitation, and institutional development.”

The crowds are sparse in the ordinarily busy district of Chinatown in SIngapore. Shop owners estimate that business has dropped by 50% due to the COVID-19 crisis. 2020 Lester Ledesma/ADB.

Southeast Asia Sustainable Tourism Hub Launched at SEADS 2022

The Asian Development Bank (ADB) launched the Southeast Asia Sustainable Tourism Hub on 17 March 2022 at the third Southeast Asia Development Symposium (SEADS).  

Southeast Asia’s tourism industry is still reeling from the impact of the COVID-19 pandemic. To accelerate an inclusive and sustainable recovery, ADB is increasing its support for investments, capacity development, and knowledge.  

ADB-supported Event Promotes Cross-border Trade between India and GMS Countries

Trade promotion agencies of Cambodia, India, Thailand, and Viet Nam held an event promoting cross-border trade connectivity between India and countries in the Greater Mekong Subregion (GMS) on 19 August. Representatives from each country gave briefings on their business environment and exchanged experiences in facilitating trade and investment cooperation. Noting challenges caused by COVID-19, they urged governments to take measures to help their small and medium-sized enterprises (SMEs) move beyond national borders and expand markets.

Southeast Asia Development Symposium (SEADS) 2021: Innovation through Collaboration: Planning for Inclusive Post-COVID-19 Recovery

The Asian Development Bank (ADB) and its partners will collectively zero in on strategies and policy responses that countries can adopt to lay the groundwork for post-COVID-19 recovery at the upcoming Southeast Asia Development Symposium (SEADS) Innovation through Collaboration: Planning for Inclusive Post-COVID-19 Recovery. 

The 12th Mekong-Japan Summit took place virtually on 13 November as part of the 37th ASEAN Summit and Related Summits. Photo by VNA via VNExplorer.

12th Mekong-Japan Summit Highlights How Cooperation Enhances Connectivity in the Subregion

Japan and Mekong countries convened the 12th Mekong-Japan Summit on 13 November, cochaired by Japan Prime Minister Suga Yoshihide and Viet Nam Prime Minister Nguyen Xuan Phuc. The meeting underscored Japan’s strong commitment to the Mekong subregion and reviewed progress of cooperation between Japan and Mekong countries (Cambodia, Lao People’s Democratic Republic [PDR], Thailand, Myanmar, and Viet Nam) as guided by the "Tokyo Strategy 2018." The Strategy seeks to strengthen connectivity, improve human resource development, and enhance environmental protection.

Mekong Countries, Republic of Korea Convene 10th Foreign Ministers’ Meeting

The 10th Mekong-Republic of Korea (RoK) Foreign Ministers’ Meeting was held on 28 September online, with the participation of Cambodia, Lao PDR, Myanmar, Thailand, Vietnam, and the RoK. The meeting highlighted achievements in cooperation on infrastructure, information technology, education, agriculture, environmental protection, and water resources management, and adopted the action plan for 2021-2025.

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