HA NOI, VIET NAM (18 December 2017) — The Asian Development Bank’s Board of Directors has approved a $150 million loan to help improve economic connectivity and raise living standards in four of Viet Nam’s northeastern provinces by enhancing basic infrastructure and services.  

The 21st Meeting of the Subregional Transport Forum was held in Luang Prabang, Lao People’s Democratic Republic on 19–20 July 2017.

PHNOM PENH, CAMBODIA (29 September 2017) — The Asian Development Bank’s Board of Directors has approved a $70 million loan to help provide a more efficient, safe, and disaster resilient transport sector in Cambodia, particularly by improving national roads in the provinces of Prey Veng, Siem Reap, and Svay Rieng along the Greater Mekong Subregion Southern Economic Corridor.

HA NOI, VIET NAM (20 September 2017) — Ministers from the six member countries of the Greater Mekong Subregion today endorsed a five-year action plan framework that includes $64 billion in projects to help the subregion achieve inclusive growth and sustainable development.

The third edition of the Greater Mekong Subregion Statistics booklet includes two new chapters: the Energy Sector and Bilateral Trade.

The transport sector is critical to economic cooperation among the countries of the Greater Mekong Subregion (GMS). Soon after its inception in 1992, the GMS Economic Cooperation Program developed a GMS Transport Master Plan (1995) to encourage commercial exchange among the countries to spur development, generate employment opportunities, and assist GMS countries’ programs to reduce poverty. The Transport Master Plan served well to develop the economic corridors that are the foundation of the GMS Program.

Thailand is rolling out an ambitious plan to transform the eastern part of the country into an investment, technology, and transportation hub, where all the economic corridors of the Greater Mekong Subregion converge.