A new $50 billion pipeline of potential GMS Economic Program projects will focus on transport, tourism, energy and skill development, among other sectors. Photo: ADB.

$50 Billion Greater Mekong Plan to Focus on Building Economic Corridors

VIENTIANE, LAO PEOPLE’S DEMOCRATIC REPUBLIC (12 December 2013) – Member countries of the Greater Mekong Subregion have agreed to draw up a $50 billion pipeline of potential projects under a new Regional Investment Framework, including investments in non-traditional areas like railways and multisector projects to be made over the next decade.

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The opening of the Houayxay-Chiang Khong bridge completes the North-South Economic Corridor. Photo: ADB.

New Thai, Lao PDR Bridge Completes 'Missing Link' in Key Regional Corridor

MANILA, PHILIPPINES (11 December 2013) – A new bridge straddling the Mekong River between Thailand and Lao People’s Democratic Republic is open for business, signaling completion of physical works along one of the Greater Mekong Subregion’s most critical economic corridors.

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