The Asian Development Bank (ADB) will make available $200 million through its Supply Chain Finance Program for companies manufacturing and distributing medicines and other items needed to combat the novel coronavirus (COVID-19).
The Asian Development Bank (ADB) is ready to provide Viet Nam with timely and flexible support for the government’s response to the novel coronavirus (COVID-19) pandemic.
Viet Nam is a hazard-prone country. Its 3,260-kilometer coastline is regularly exposed to typhoons, floods, drought, coastal erosion, and landslides. This poses significant threats to roads, embankments, and water supply infrastructure. An estimated 97% of average annual economic losses from natural hazards is caused by flooding.
A 190 kilometer expressway project is set to link Phnom Penh to Sihanoukville. Cambodia’s Ministry of Public Works and Transportation reports that the project has reached 20% completion since construction began in March 2019.
Cambodia Prime Minister Hun Sen underscored that construction of the expressway is in line with regional integration in both the ASEAN and the Greater Mekong Subregion, linking regional transport networks from one country to another.
The Asian Development Bank (ADB) report “Economic Impact of the COVID-19 Outbreak on Developing Asia” outlines how the COVID-19 outbreak will affect economic activity in developing Asian economies
The Third Meeting of the Greater Mekong Subregion (GMS) Working Group on Urban Development was held on 5-6 December 2019 in Siem Reap, Cambodia.
As the Lao People’s Democratic Republic (PDR) increases its electricity exports, the country is prioritizing safety improvement of its dams. A committee comprising local and foreign experts will conduct dam safety inspections, according to news by the Laotian Times. The Government is also implementing new safety measures and standards.
Plans are underway to connect Yangon in Myanmar with the Bago Region and Mon State through new expressways along the Greater Mekong Subregion’s (GMS) East-West Economic Corridor. The Asian Development Bank (ADB) and the Japan International Cooperation Agency (JICA) will provide financing assistance to build more efficient highways that will promote safer movement of goods and people.
Government officials and university researchers from Cambodia, Lao People’s Democratic Republic (PDR), Thailand, and Viet Nam will work together to examine plastic waste leakage into the Mekong River system. The aim is to understand the current state of plastic pollutants in the region and offer policy recommendations to address the challenges.