GMS in the News

The project will improve cross-border connectivity in the Greater Mekong Subregion. This will help create jobs and raise incomes for local residents. Photo: ADB.

ADB to Support Cross-Border Economic Activities Between Viet Nam and Guangxi, PRC with $450 Million Loan

MANILA, PHILIPPINES (8 December 2016) – The Asian Development Bank has approved a $450 million investment program to promote cross-border economic activities between Guangxi Zhuang Autonomous Region of the People’s Republic of China and northern Viet Nam. The program will focus on developing the North-South Economic Corridor under the Greater Mekong Subregion Cooperation Program.

The GMS ministers called for a Transport and Trade Facilitation Action Program to enhance the cross-border flow of goods and people, and for a coordinated approach to developing urban areas throughout the region. A vendor selling different products in a market in Thailand. Photo: ADB.

Ministers Endorse Plans to Develop New Special Economic Zones in Mekong

KUNMING, PEOPLE’S REPUBLIC OF CHINA (11 June 2015) – Government ministers and senior officials attending the Greater Mekong Subregion Seventh Economic Corridors Forum today agreed on measures to promote the development of economic corridors, facilitate cross-border transport and trade, and enhance cooperation and private sector participation.

GMS Economic Corridors Forum Looks to Enhance Cross-Border Trade

KUNMING, PEOPLE’S REPUBLIC OF CHINA (10 June 2015) – Ministers and senior officials from the six Greater Mekong Subregion countries and the Vice-President of the Asian Development Bank will convene tomorrow at the 7th GMS Economic Corridors Forum to discuss how to further develop economic corridors, facilitate cross-border transport and trade, and enhance cooperation and private sector participation – including the development of Special Economic Zones.

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