The People’s Republic of China launched last month a high-speed rail service between Yunnan province’s capital Kunming and Lijiang, a tourist destination and UNESCO World Heritage site.
Pilot projects in the Greater Mekong Subregion are helping increase small farmers’ income by enhancing their access to the lucrative organic food market using a community-based certification system.
The Asian Development Bank has published economic statistics for analyzing cross-border production arrangements in Southeast Asian countries, including those in the Greater Mekong Subregion.
The People's Republic of China is shifting freight transport from roads to railways and waterways, and improving urban logistics systems to reduce carbon emissions.
NAY PYI TAW, MYANMAR (2 January 2019) — The Asian Development Bank signed an agreement on 21 December 2018 to provide a $10 million equity investment to Ascent Myanmar Growth Fund I LP, a Myanmar-focused private equity fund, to provide much-needed capital investment for the growth and expansion of small and medium-sized enterprises operating in the Southeast Asian country.
HA NOI, VIET NAM (12 December 2018) — The Asian Development Bank and Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV), the country’s largest commercial bank by assets, today signed a $300 million loan agreement to support the growth and productivity of small and medium-sized enterprises in Viet Nam.
MANILA, PHILIPPINES (12 December 2018) — Senior officials of the Greater Mekong Subregion will convene this week at the 10th GMS Economic Corridors Forum (ECF-10) in Nay Pyi Taw, Myanmar to discuss ways to fast-track infrastructure development and boost growth along key economic corridors connecting the subregion.
HA NOI, VIET NAM (12 December 2018) — The Asian Development Bank has approved a $188 million loan to improve and upgrade 198 kilometers of roads in Viet Nam’s mountainous northwest region, which has the highest poverty rate in the country.
HA NOI, VIET NAM (10 December 2018) — The Asian Development Bank has approved a $45 million loan to help Viet Nam transform secondary towns into more economically inclusive, competitive tourism destinations.
MANILA, PHILIPPINES (10 December 2018) — The Asian Development Bank has approved a $250 million loan to enhance cross-border trade opportunities and improve urban infrastructure and services in Lincang Prefecture in the People’s Republic of China.
A pilot project in the Greater Mekong Subregion explored the use of satellite technology to improve the collection of paddy rice statistics to support better policymaking.
Germany and the European Union have renewed their support to strengthen transboundary water cooperation in the Greater Mekong Subregion.
HA NOI, VIET NAM (27 November 2018) — The Asian Development Bank has approved over $100 million in financing to help the Government of Viet Nam install eight modernized irrigation systems in five drought-affected provinces, which will improve agricultural productivity, especially among farmers growing high-value crops such as coffee, peppers, grapes, dragon fruits, and mangoes.
BANGKOK, THAILAND (9 November 2018) — The Asian Development Bank and Gulf SRC Company Limited have signed a $227.7 million loan agreement to help finance the construction and operation of a first-of-its-kind 2,500 megawatt combined cycle power plant in Chonburi Province of Thailand.
The Asian Development Bank has approved technical assistance for energy projects in Southeast Asia, including the Greater Mekong Subregion Cross-Border Power Trade and Distribution Project.
The United Nations’ World Tourism Organization (UNWTO) cited last year’s Mekong Tourism Forum in Luang Prabang as one of seven case studies showcasing a socially inclusive tourism policy.
In the Greater Mekong Subregion, countries have started to adopt laws and policies on geographical indications to protect locally sourced products that are made using traditional methods in their region of origin.
An Industrial Pollution Projection System has been used in the Greater Mekong Subregion to help countries identify current and future pollution risks.