Greater Mekong Subregion Regional Investment Framework



Regional Investment Framework 2024–2026 (RIF 2026) 

The Greater Mekong Subregion (GMS) Regional Investment Framework 2024–2026 (RIF 2026) is the subsequent 3-year rolling pipeline of the GMS Program. It is comprised of 128 projects across the countries and sectors of the GMS program. The projects in the RIF 2026 will require mobilizing financial resources amounting to $17.7 billion from development partners, the private sector, and the countries’ national and regional budgets.

RIF 2026 was endorsed by GMS Senior Officials at Yuxi City, Yunnan Province, People's Republic of China, on 17 May 2024. 

Regional Investment Framework 2023–2025 (RIF 2025)

The Regional Investment Framework 2023–2025 (RIF 2025) was a three-year rolling pipeline of near-term priority projects aligned with the strategies, goals, and thematic priorities set in the GMS Economic Cooperation Program Strategic Framework 2030 (GMS 2030). RIF 2025 incorporated the new project criteria adopted by the GMS Program at the 25th Ministerial Conference (MC-25) and has been prepared through an extensive consultative process.

RIF 2025 was endorsed by GMS Ministers at the MC-25 in Luang Prabang, Lao People’s Democratic Republic, on 8 December 2022. It comprised 111 projects with a total estimated value of $11.7 billion.  

Regional Investment Framework 2022

The GMS Regional Investment Framework 2022 (RIF 2022) was the medium-term pipeline of priority projects in the GMS. It was a consolidation and expansion of the earlier Regional Investment Framework 2013–2022 and the Revised Regional Investment Framework Implementation Plan 2014–2020. It continued to operationalize the strategic thrusts and priorities of the GMS Program under the GMS Strategic Framework 2012–2022 and the Ha Noi Action Plan 2018–2022, which reviewed and refined these strategies.

The RIF 2022 was endorsed at the 22nd Ministerial Conference in Ha Noi, Viet Nam on 20 September 2017. It was adopted during the 6th GMS Summit of Leaders on 31 March 2018 in Ha Noi. The GMS leaders directed officials of the GMS Program to ensure that the Regional Investment Framework is monitored and updated regularly. The RIF 2022: First Progress Report and Update (2018) was endorsed by the GMS Senior Officials' Meeting in December 2018 and received ad referendum approval by the GMS Ministers in April 2019. It represents updates to the RIF 2022 during the 2018 cycle (from February to November 2018).

The RIF 2022: Second Progress Report and Update (2019) was endorsed by the GMS Ministers at the 23rd Ministerial Conference in Phnom Penh, Cambodia on 18 November 2019. It represents updates to the RIF 2022 during the 2019 cycle (June to November 2019). It includes a revision to the RIF 2022 to a new total of 255 investment and technical assistance projects requiring a total of $92.7 billion in financing.

The RIF 2022: Third Progress Report and Update (2020) was endorsed by the GMS Ministers at the 24th Ministerial Conference held virtually on 4 November 2020. It represents updates to the RIF 2022 to a new total of 210 investment and technical assistance projects requiring a total of $78.3 billion in financing.

The RIF 2022: Fourth Progress Report and Update (2021) represents updates to the RIF 2022 during the 2021 cycle (November 2020 to October 2021). It includes a revision to the RIF 2022 to a new total of 205 investment and technical assistance projects requiring a total of $77.6 billion in financing.

 

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Last Updated:   Tuesday, 11 June 2024