The Greater Mekong Subregion Urban Development Strategic Framework, 2012–2022, sets out a broad framework to encourage and facilitate a coordinated approach to the development of urban areas throughout the GMS.
The GMS Urban Development Strategic Framework (2015–2022), the GMS Tourism Marketing Strategy and the Action Plan (2015–2020) are presented at the 20th GMS Ministerial Conference
The Asian Development Bank (ADB) has approved a $140 million loan to improve the environmental and economic conditions in Guilin in the Guangxi Zhuang Autonomous Region of the People’s Republic of China.
“Rapid urbanization has become a threat to Guilin's natural resources and sustainable development,” said ADB Senior Transport Specialist for East Asia Nicolas Dei Castelli. “This project will include a number of innovative solutions with demonstration potential, including low-carbon mobility, inclusive sanitation, and institutional development.”
The recently-concluded Subregional Transport Forum (STF-25) of the GMS Program highlighted the importance of behavioral interventions and stakeholders’ involvement to the reduction of road crashes and fatalities in the subregion. STF has been providing assistance in improving road safety for GMS countries since 2011.
Thailand will develop a new smart city in Bang Lamung district, Chon Buri, Thailand. The development is part of the country’s Eastern Economic Corridor (EEC) and will be located 15 kilometers from U-Tapao Airport.
Mr. Kanit Sangsubhan, secretary-general of the EEC Office, estimates that the new smart city will draw 1.34 trillion baht's worth of investment over 10 years and create 200,000 new jobs.
ADB supports Thailand in responding to the health, social, and economic impacts of the COVID-19 pandemic. In 2021, ADB provided $1.5 billion loan to help the country mitigate the negative economic impact of the pandemic.
ADB is one of Lao PDR's largest sources of official development assistance, with an average annual lending of $100 million over the 5 years to 2021.
ADB remains deeply concerned about recent developments in Myanmar and will continue to consult with shareholders and other stakeholders on any operations in the country.
ADB is one of Cambodia's largest sources of official development assistance, with average annual lending of $329.8 million from 2016-2021. The bank's support is aligned with the Cambodia's National Strategic Development Plan 2019-2023.
This report compares the Regional Comprehensive Economic Partnership (RCEP) with other free trade agreements and suggests how policy makers can promote its successful implementation.