ADB Initiates Coronavirus Response

The Asian Development Bank (ADB) today approved $2 million in new funding to support efforts to combat the spread of the novel coronavirus (nCoV).

The funds will supplement an ongoing regional technical assistance and strengthen response capacity in Cambodia, the People's Republic of China, the Lao People's Democratic Republic, Myanmar, Thailand, and Viet Nam.

ADB News

ADB is helping Lao PDR reduce economic losses resulting from floods and droughts. The project will pair upgrades in water management infrastructure with community-based disaster risk management and enhanced regional forecasting to improve disaster preparedness in the GMS. Photo by ADB. 

New Irrigation Systems and Information are Helping Revive Livelihoods in Lao PDR

Orlathai Ferchanthala dreams of turning her family’s subsistence farm into a commercial business growing rice and a range of cash crops, raising livestock, and outfitted with a modern irrigation system.

“The soil here is suitable for growing various crops, and the grass is perfect for raising cattle,” said Ferchanthala, a 35-year-old mother of three living in a rural community in southern Vientiane. “We need irrigation schemes to bring water into our farming areas in the dry season and proper dikes to protect us from floods in the rainy season.”

Projects

Director of Infrastructure Finance Division of ADB's Private Sector Operations Department Mr. Jackie B. Surtani (third from left) and GED Executive Director Ms. Yupapin Wangviwat (third from right), along with officials from the Japan International Cooperation Agency, Bangkok Bank PCL, Siam Commercial Bank PCL, and Standard Chartered Bank (Thai) PCL, during the signing ceremony on January 22. Photo by ADB.

ADB Boosts Financing for Solar Power Plant in Viet Nam

A $37.8 million loan deal between the Asian Development Bank (ADB) and TTC Energy Development Investment Joint Stock Company (TTC Energy) will provide TTC Energy with long-term financing to develop and operate a 50-megawatt (MW) photovoltaic solar power plant. The solar power plant and its associated facilities will be built in Tay Ninh Province in Viet Nam, and serve the electricity demand of residents and businesses of Ho Chi Minh City and its surrounding areas. This will help reduce 29,760 tons of carbon dioxide emissions by 2020. 

News

Don Sahong Dam was built by Malaysia’s Mega First Corporation Berhad and EDL-Generation Public Company on the Mekong River in southern Champasak province in Lao PDR. Photo from Khmer Times.

Lao PDR Connects 195 MW Electricity to Cambodia’s National Grid

Tests have been completed on four electricity generators that will link 195 megawatts (MW) of electricity from Don Sahong Dam in Lao People’s Democratic Republic (PDR) to Cambodia’s national grid.

GMS in the News

Border gate between Lao PDR and Viet Nam in Lao Bao (ADB Photo)

Lao PDR, Viet Nam Plan to Open New International Borders

Lao People’s Democratic Republic (PDR) and Viet Nam plan to upgrade two local border crossing points to international border crossings this year. The plan was announced during the 29th annual border meeting of the two neighboring countries on 26 December 2019 in Ha Noi, Viet Nam. 

The Dak Ta-Ok (Lao PDR)–Nam Giang (Viet Nam) between Xekong (Lao PDR) and Quang Nam (Viet Nam) provinces will be the first international crossing point in Xekong. The neighboring countries plan to open this upgraded international border crossing in the first quarter of 2020.

GMS in the News

Motorcycle tires being manufactured inside the Camel Rubber Vietnam Co. Ltd factory at the Lao Bao Commercial Area in Huong Hoa District, Quang Tri, Viet Nam. The tires produced by the company are sold locally and are also exported to Lao PDR, Cambodia, Thailand, European and South American countries, as well as to other countries in the ASEAN region. Photo by the Asian Development Bank.

ADB Promotes Trade and Cross-border Investment between SMEs in the GMS and India

The Asian Development Bank (ADB) approved a $3,000,000 technical assistance to support the implementation of initiatives to accelerate trade and cross-border investment between small and medium-sized enterprises (SMEs) of Cambodia, Thailand, Viet Nam—member countries of the Greater Mekong Subregion (GMS) program—and India. This ADB-administered technical assistance is financed by the United Kingdom Fund for Asia Regional Trade and Connectivity under the Regional Cooperation and Integration Financing Partnership Facility.

Projects

44th GMS Tourism Working Group Meeting Promotes Tourism Competitiveness

The 44th Greater Mekong Subregion (GMS) Tourism Working Group Meeting, held on 28-29 November 2019 in Siem Reap, Cambodia, was attended by more than 70 senior tourism officials and development partners. Delegations included national tourism organizations of the GMS countries, the Asian Development Bank (ADB), the ASEAN-China Center, the ASEAN-Korea Center, the ASEAN-Japan Center, Luxembourg Development, Pacific Asia Travel Association, and Mekong Institute.

Events

Myawaddy-Mae Sot border crossing. Photo: Go-Myanmar via Wikimedia, shared under CC BY-SA 3.0

Myanmar, Thailand Sign MoU to Boost Cross-border Trade

The Governments of Thailand and Myanmar signed a Memorandum of Understanding to improve immigration checkpoint and logistics clearances for cross-border trade in the Mae Sot (Thailand) and Myawaddy (Myanmar) checkpoint. The signing took place at the 23rd Ministerial Conference of the Greater Mekong Subregion Economic Cooperation Program.

GMS in the News