Thailand is embarking on several projects in its northeastern region to improve travel to the Lao People’s Democratic Republic (Lao PDR).
NAY PYI TAW, MYANMAR (2 January 2019) — The Asian Development Bank signed an agreement on 21 December 2018 to provide a $10 million equity investment to Ascent Myanmar Growth Fund I LP, a Myanmar-focused private equity fund, to provide much-needed capital investment for the growth and expansion of small and medium-sized enterprises operating in the Southeast Asian country.
An initiative funded by Switzerland and the United States is proposing to enhance regional cooperation in sustainable energy development to protect Viet Nam’s Mekong Delta from rising sea levels and other climate risks.
The Nam Ngiep 1 Hydropower Project in Bolikhamxay, Lao Democratic Republic (Lao PDR), started generating electricity for export to Thailand in early September 2019, becoming the latest fully operational Independent Power Producer in the country.
The People’s Republic of China, Lao People’s Democratic Republic, and Thailand have agreed to build a railway bridge that will be part of a high-speed rail line connecting the three countries.
PHNOM PENH, CAMBODIA (9 January 2018) — The Asian Development Bank today signed three project loan agreements with the Government of Cambodia to provide support for road network improvement, provincial water supply and sanitation, and smallholder farmers development in Tonle Sap.