PHNOM PENH, CAMBODIA (4 December 2014) – The Asian Development Bank and Government of Australia are providing combined assistance of $10.5 million to promote private sector development in Greater Mekong Subregion countries ahead of the inception of the ASEAN Economic Community in 2015.
As Myanmar opens its borders for business, it needs to develop its road network to drive economic growth and take advantage of its strategic location in the Greater Mekong Subregion.
Delivery trucks attempt to squeeze through the narrow road between Eindu in Myanmar and the Thai border. Photo: ADB/Myo Thame.
A new road forming the last remaining segment of the Greater Mekong Subregion’s East-West Economic Corridor is set to bring new energy to fuel the economic transformation of a vibrant corner of Myanmar.
Daw Than Than Win decided to open a restaurant in Taikgyi Township after the 254-kilometer Yangon-Pyi road was improved with ADB financing in the 1980s. She said that the road became a busy thoroughfare since the upgrade, cutting travel time to Yangon city by half. Photo: ADB/Myo Thame.
An old ADB road stands the test of time in Myanmar, while new road upgrades designed to benefit farming communities in the country’s Ayerwaddy Delta are in the planning stage.
PHNOM PENH, CAMBODIA (25 November 2014) – The Asian Development Bank has approved an $18 million loan to build a marine ferry terminal and other infrastructure in southern Cambodia to open up new opportunities for tourism beyond current popular destinations like the famous temples of Angkor.
HA NOI, VIET NAM (25 November 2014) – The Asian Development Bank and the Government of Viet Nam today signed a $50 million loan agreement to upgrade Viet Nam’s tourism infrastructure, boost tourist spending, and create more jobs in the industry for poor and ethnic minority communities.
In addition to prevention activities, a project to mitigate the spread of HIV/AIDS in Myanmar will support treatment and care services, the construction of rural health centers, and enhanced service delivery in hundreds of villages. Photo: ADB/Myo Thame.
Prevention and awareness-raising programs help address increasing HIV/AIDS transmission risks as Myanmar’s borders open and mobility grows with the construction of new roads.
A long stretch of road linking several provinces of Myanmar, the Lao People’s Democratic Republic, Thailand and Viet Nam is home to many impoverished farmers. But things are slowly changing. Thanks to an improved road system, farmers now have an opportunity to distribute their agricultural products over long distances, reaching large, rich markets across the region. Farmers are also adding value to agricultural
MANILA, PHILIPPINES (3 October 2014) – The Asian Development Bank and Government of Japan are providing technical assistance to help Greater Mekong Subregion member countries tackle weaknesses in sanitary and phytosanitary procedures, which are undermining cross border trade flows.
MANILA, PHILIPPINES (21 August 2014) – The Asian Development Bank is supporting a 290-megawatt hydropower project in the Lao People’s Democratic Republic under a public-private partnership arrangement.
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