The Association of Southeast Asian Nations (ASEAN) have identified 19 priority infrastructure projects to enhance regional connectivity and mobilize investments. Fifteen of the projects are in the Greater Mekong Subregion.
YANGON, MYANMAR (3 April 2019) — Myanmar’s economic growth is expected to pick up in 2019 and 2020, thanks to higher foreign direct investment and positive responses to the government’s economic and policy reforms.
Agriculture accounts for more than half the workforce in most ADB developing member countries. In the Greater Mekong Subregion, agriculture forms the backbone of its countries’ economies, directly supporting the livelihoods of nearly 200 million people with over 60% of the subregion’s 340 million inhabitants engaged in small-scale agriculture.
A grant from the Global Environment Facility will help the People's Republic of China pilot distributed renewable energy technologies.
This report presents case studies of poverty reduction projects financed by the Asian Development Bank, including the Yunnan Integrated Road Network Development Project, which helped complete the national expressway system and constructed a highway from Kunming in the People’s Republic of China (PRC) to the Myanmar border.
Pilot projects in the Greater Mekong Subregion are helping increase small farmers’ income by enhancing their access to the lucrative organic food market using a community-based certification system.
VIENTIANE, LAO PEOPLE’S DEMOCRATIC REPUBLIC (3 April 2019) — Economic growth in the Lao People’s Democratic Republic is expected to remain stable this year and next, supported by the expanding agriculture, energy, industry, and services sectors.
The Lao People’s Democratic Republic (PDR), Malaysia, and Thailand confirmed the second phase of the Lao PDR, Thailand, and Malaysia Power Integration Project (LTM-PIP) at the 37th ASEAN Ministers on Energy Meeting (AMEM) held on 4 September 2019 in Bangkok, Thailand.
Lao PDR sells electricity to Malaysia using Thailand’s electricity transmission network through the LTM-PIP. The second phase expands Lao PDR’s electricity export from 100 megawatts to a maximum of 300 MW.
The Lao People’s Democratic Republic has issued a law to guide railway development and ensure integration of its rail services with regional and global networks.