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ADB Supports Thailand’s Green, Social, and Sustainability Bonds for COVID-19 Recovery

ADB Supports Thailand’s Green, Social, and Sustainability Bonds for COVID-19 Recovery

The Asian Development Bank (ADB) is assisting the Government of Thailand in designing, issuing, and monitoring innovative capital market initiatives as part of the country’s recovery from the coronavirus disease (COVID-19) pandemic in a manner aligned with the 2015 Paris Agreement and the UN Sustainable Development Goals.

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GMS Senior Officials’ Meeting Reviews COVID-19 Response Initiatives and Prepares for Upcoming Events

GMS Senior Officials’ Meeting Reviews COVID-19 Response Initiatives and Prepares for Upcoming Events

A GMS Senior Officials Meeting (SOM) was held on 11 September 2020 via web-based conferencing to review (i) proposed key GMS strategic planning documents and knowledge products, which includes GMS COVID-19 response initiatives and the new long-term strategy for the GMS program, and (ii) preparations for upcoming GMS events—the 11th Economic Corridors Forum (ECF-11), the 24th GMS Ministerial Conference (MC-24), and the 7th GMS Summit (Summit-7).  

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ADB Highlights Support for GMS Transport and Economic Corridors in ASEAN Forum

ADB Highlights Support for GMS Transport and Economic Corridors in ASEAN Forum

The ASEAN Forum on Subregional Development discussed measures to link Mekong subregional cooperation programs with the ASEAN and other subregional groupings to achieve the common goal of narrowing development gaps and to build a stronger ASEAN community. The forum tackled solutions to promote coordination and connectivity among economic corridors in the region. Countries and involved parties were enjoined to work together on policies and mechanisms to address border gate issues.  

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Initiative Gathers Mekong Innovations Spurred by the COVID-19 Pandemic

Initiative Gathers Mekong Innovations Spurred by the COVID-19 Pandemic

An initiative by the Mekong Tourism Coordinating Office (MTCO), Destination Mekong, and the Mekong Institute (MI) taps individuals' help in crowdsourcing newly-spotted innovations on how the coronavirus disease (COVID-19) is being managed and/or overcome in the Greater Mekong Subregion (GMS). The GMS comprises Cambodia, Yunnan and Guangxi in the People’s Republic of China, Lao People’s Democratic Republic, Myanmar, Thailand, and Viet Nam.

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Can Tho Prepares to Become a Major Smart City in the Mekong Delta

Can Tho Prepares to Become a Major Smart City in the Mekong Delta

Through the use of modern information technology, Can Tho is transforming itself to become Viet Nam’s first smart city in the southwestern region by 2025. By transforming itself into a smart city, Can Tho hopes to further encourage civic engagement,  increase competitiveness, and improve the city’s socio-economic development.   

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Expressway to Link Phnom Penh to Sihanoukville

Expressway to Link Phnom Penh to Sihanoukville

 

A 190 kilometer expressway project is set to link Phnom Penh to Sihanoukville. Cambodia’s Ministry of Public Works and Transportation reports that the project has reached 20% completion since construction began in March 2019.

Cambodia Prime Minister Hun Sen underscored that construction of the expressway is in line with regional integration in both the ASEAN and the Greater Mekong Subregion, linking regional transport networks from one country to another.

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News

Improving Connectivity of Myanmar’s Yangon Region along the East-West Economic Corridor

Improving Connectivity of Myanmar’s Yangon Region along the East-West Economic Corridor

Plans are underway to connect Yangon in Myanmar with the Bago Region and Mon State through new expressways along the Greater Mekong Subregion’s (GMS) East-West Economic Corridor. The Asian Development Bank (ADB) and the Japan International Cooperation Agency (JICA) will provide financing assistance to build more efficient highways that will promote safer movement of goods and people. 

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