Myanmar: Greater Mekong Subregion Highway Modernization Project
47087-003
47087-003
The project will support the government of the Lao PDR in improving urban environmental services and enhance regional economic connectivity in the towns of Paksan and Thakhek, two towns located along the North-South Economic Corridor in the Greater Mekong Subregion (GMS).
The second tranche of the multitranche financing facility (MFF) will cover major investments of the MFF, including investments in border-connectivity and border economic zones (BEZ). In line with the framework financing agreement, those investments strongly support Guangxi Zhuang Autonomous Region's (GZAR) Strategy and Action Plan for participation in the Greater Mekong Subregion (GMS) Program, aiming to deepen economic cooperation and integration with ASEAN member countries.
The proposed project will (i) upgrade about 125 kilometers (km) of national highway in the northeastern region of Thailand from two-lane carriageway to four-lane carriageway; and (ii) strengthen capacity in road safety management by introducing road safety audits and road safety awareness training for the executing agency during project implementation.