Second Greater Mekong Subregion Corridor Towns Development Project

Details

Project 46443-004
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Type Loan
Sector Water and Other Urban Infrastructure and Services
Country Viet Nam
Start 2015
End 2021
Status Ongoing
Last Edited 13 May 2017
Edited By administrator

Funding

US$('000) 122

Project Description

The Second Greater Mekong Subregion (GMS) Corridor Towns Development Project (the project) represents the second phase of the ongoing GMS Corridor Towns Development Project in Cambodia, Lao PDR and Viet Nam. It supports the first four strategic thrusts of the GMS Strategic Framework 2012 2022 namely (i) strengthening infrastructure linkages; (ii) facilitating cross-border trade, investment, and tourism; (iii) enhancing private sector participation and competitiveness; and (iv) developing human resources. The focus on corridor town development follows an approach that will maximize the economic benefits of increased trade and traffic flows along the major transport corridors in the GMS with the expected positive impacts resulting from accelerated investments in strategically located towns and cities, and added value on economic growth through development oriented on green growth and climate resilience. The objective is to strengthen competitiveness of the GMS economic corridors through environmental infrastructure.

Progress (as of June 2016)

Feasibility Study
Commenced -
Completed -
Financing Available -
Project Approved 01 Dec 2015
Project Implementation
Commenced -
Notes/Narrative

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