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.
NAY PYI TAW, MYANMAR (25 March 2014) – Member countries of the Greater Mekong Subregion face losing recent development gains unless they invest more to secure natural resource stocks, senior officials from the six countries heard at a meeting in Myanmar today.
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.
MANILA, PHILIPPINES (24 March 2014) – The People’s Republic of China will expand biodiversity corridors to link 10 nature reserves in the southwestern corner of the country – including critical habitat for the Cao Vit gibbon, one of the rarest apes in the world – following workshops conducted as part of the Greater Mekong Subregion’s Core Environment Program.
BANGKOK, THAILAND (20 December 2014) — The President of the Asian Development Bank, Takehiko Nakao, completed a 2-day visit to Bangkok today, where he participated in the 5th Leaders’ Summit of the Greater Mekong Subregion and met top officials of the host country to discuss ADB’s deepening partnership with Thailand.
KUNMING, PEOPLE’S REPUBLIC OF CHINA (22 March 2014) – Asian Development Bank President Takehiko Nakao met with Yunnan Governor Li Jiheng and discussed the province's development challenges and potential during a three-day visit to the People’s Republic of China.
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.
On 31 January 2014, the Asian Development Bank's Board of Directors agreed to bring the GMS: Rehabilitation of the Railway in Cambodia Project into full compliance with its safeguard policies following a report by ADB’s Compliance Review Panel.
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.
BANGKOK, THAILAND (19 December 2014) — The President of the Asian Development Bank, Takehiko Nakao, today met with Prayuth Chan-ocha, Prime Minister of Thailand, Finance Minister Sommai Phasee, and Bank of Thailand Governor Prasarn Trairatvorakul to discuss Thailand’s recent economic performance and examine possible areas of further cooperation with ADB. He will also participate in the 5th Leaders Summit of the Greater Mekong Subregion.