GMS in the News

The Asian Development Bank (ADB) and BANPU Public Company Limited signed a 2.4 billion baht loan to support the financing of 1,500 six-seater electric tuktuks (e-tuktuks) and related charging stations for micro-scale transit services in Bangkok, Thailand. 

The Greater Mekong Subregion Flood and Drought Risk Management and Mitigation Project was approved by the Asian Development Bank (ADB) in December 2012 to support the Government of Cambodia in undertaking measures to prepare for and manage disaster risks linked to floods and droughts. Completed in February 2022, the project supported the rehabilitation of the Damnak Chheukrom Mega Irrigation System.

The GMs Energy Transition Task Force (ETTF) met in Siem Reap on 4-5 December 2023 to discuss updates and plans related to its work streams, including trends, opportunities and related initiatives in the region.

The meeting agreed on these next steps for 2024.

The Asian Development Bank (ADB) will support the sustainable, inclusive, and resilient urban development of Luang Prabang, Lao People’s Democratic Republic (Lao PDR), with financing worth $35 million via a concessional loan and a $10 million grant. The project is set to (i) improve the quality and coverage of urban infrastructure and services, (ii) strengthen institutions and capacity to foster climate and disaster resilient development pathways, (iii) promote inclusive and gender-responsive urban planning, and (iv) enhance women's leadership and economic empowerment. The Government of Lao PDR will complement the financing with in-kind contributions to support counterpart salaries and office facilities

The Asian Development Bank (ADB) and GreenYellow Smart Solutions Vietnam Co., Ltd. (GreenYellow), have signed a loan agreement of up to $13.8 million for rooftop photovoltaic (PV) solar systems to help increase the supply of clean and affordable energy for commercial and industrial consumers in Viet Nam. 

Agreements for feasibility studies for (i) a planned wind farm and (ii) a 500 kV substation for electricity transmission in Savannakhet, Lao People’s Democratic Republic (Lao PDR), was signed by representatives from Lao PDR Ministry of Planning and Investment, NASENG-WAYO Renewable Resource Development and Investment (a Lao PDR firm), and UPC Renewable Energy. UPC Renewable Energy and NASENG-WAYO Renewable Resource Development and Investment will cooperate on the feasibility study. 

The Royal Government of Cambodia, led by the Ministry of Environment, launched the Circular Strategy on Environment 2023-2028  on 15 November 2023.

Da Nang, Viet Nam, was recognized for excellence in smart urban construction and development, notably its excellence in environmental monitoring, by the country’s national association for software and IT services, 

Cambodia recorded 4.4 million international tourist arrivals in the first 10 months of 2023, a 180% increase over the same period in 2022. Tourism Minister Sok Soken remarked that based on this figure, Cambodia is expected to receive approximately 5.4 million foreign visitors in 2023. 

The digital marketplace prototype established by the Digital Economy Promotion Agency (DEPA) of the Government of Thailand garnered participation from 13,200 entrepreneurs from 75 markets across 25 provinces in the country. It generated an economic value of over 450 million baht (around $12.80 million).