The Asian Development Bank (ADB) and the United Nations Industrial Development Organization (UNIDO), in collaboration with the Ministry of Industry, Science, Technology and Innovation and the Ministry of Economic and Finance of the Government of Cambodia, held a virtual discussion on the status of Cambodia’s fourth industrial revolution (4IR) and pathways for the country’s transformation to this new industrial model by 2030 on 7-8 December 2021.
Urban Development
The Greater Mekong Subregion is working to improve the quality of life and economic vibrancy of its cities and towns by using global best practices in urban development.
The Urban Development Working Group oversees urban development and economic zones as new areas of cooperation in the subregion.
By 2050, the Greater Mekong Subregion is expected to be at least 50% urbanized. This will bring vast changes to the economies of the subregion. What was once a primarily agricultural area is transforming into a place where cities and towns are the main drivers of economic growth. Careful planning is needed to balance urban growth with environmental protection and economic equity so that healthy cities can be enjoyed by all residents.
The Greater Mekong Subregion is working to improve the quality of life and economic vibrancy of its cities through the development of national strategies and projects that incorporate global best practices into the subregion’s urban development. This work has included the first and second Corridor Towns Development Project, which is developing competitive and environmentally friendly cities along vital economic arteries in the subregion. Cross-border economic zones are also being developed.
The COVID-19 pandemic inevitably will leave its mark on cities, physically and socially, echoing for generations to come. This is already evident in terms of urban life. The GMS Program will focus on these effects with measures to respond to current and future crises. The GMS Economic Cooperation Program Strategic Framework 2030 (GMS-2030) will encourage a holistic approach to the future planning of cities so that they are green, smart, competitive, resilient, safe, and inclusive. It will also promote linkages between cities to develop new urban clusters and maximize economies of agglomeration, develop cities in border areas, create linkages with special economic and industrial zones, and improve waste management and pollution in cities located close to GMS rivers and seas. GMS-2030 was endorsed and adopted at the 7th GMS Summit of Leaders in September 2021. It aims to provide a new setting for the development of this subregion for the next decade.
Related
• Urban Development in the Greater Mekong Subregion
• Greater Mekong Subregion Urban Development Strategic Framework
• Second Greater Mekong Subregion Corridor Towns Development Project
Focal Persons at the Asian Development Bank
- Alan Baird
Urban Development and Water Division,
Southeast Asia Department - Andrew McIntyre and Hinako Maruyama
Public Management, Financial Sector, & Regional Coop Division,
East Asia Department
Other Concerned Staff & Consultants
- Antonio Ressano
Regional Cooperation and Operations Coordination Division,
Southeast Asia Department - Alma Canarejo
Regional Cooperation and Operations Coordination Division,
Southeast Asia Department/GMS Secretariat
Send inquiries to GMS Secretariat.
The Asian Development Bank (ADB) has approved a $180 million loan to help three cities in Cambodia improve urban infrastructure and boost economic competitiveness.
The Livable Cities Investment Project will help more than 140,000 residents in Bavet, Kampot, and Poipet access better wastewater and solid waste management services. It will help the cities reduce flooding by upgrading their urban stormwater and drainage systems. The project also aims to strengthen the capacity of municipal governments to deliver urban services.
The Asian Development Bank (ADB) has approved an $82 million loan to improve about 48 kilometers of national and provincial roads in Prey Veng and Kandal to boost economic development along the Greater Mekong Subregion (GMS) Southern Economic Corridor.
Thailand’s Ministry of Commerce’s Trade Policy and Strategy Office (TPSO) organized the CLMVT+ Forum 2021 on 24-26 August. The forum highlighted the TPSO study emphasizing the importance of achieving an even economic recovery in the GMS.
Trade promotion agencies of Cambodia, India, Thailand, and Viet Nam held an event promoting cross-border trade connectivity between India and countries in the Greater Mekong Subregion (GMS) on 19 August. Representatives from each country gave briefings on their business environment and exchanged experiences in facilitating trade and investment cooperation. Noting challenges caused by COVID-19, they urged governments to take measures to help their small and medium-sized enterprises (SMEs) move beyond national borders and expand markets.
Cambodia Prime Minister Hun Sen signed a sub-decree to upgrade the Preah Sihanouk province (“Sihanoukville”) to a multi-purpose special economic zone (SEZ) on 9 June. This decision aims to increase its economic potential to investors.
The Lao People’s Democratic Republic (Lao PDR) has one of the fastest rates of urbanization in Asia. To boost economic development and attract foreign investments, a smart and able workforce is essential.
The Vientiane Saysettha Development Zone (SDZ) is being developed into a low-carbon demonstration model by the Lao-China Joint Venture Investment Co., Ltd. (LCJV). Low carbon demonstration zones hope to address climate change and green and low-carbon transition, and boost regional cooperation with the PRC.
The Asian Development Bank (ADB) has proposed a smart and energy efficient city project for Can Tho, Viet Nam, reported the VN Express.
This is the summary of proceedings of the 4th Meeting of the Greater Mekong Subregion Urban Development Working Group held via web-based conferencing on 17 December 2020.