Myanmar, Thailand Open Second Friendship Bridge
A new bridge now links the border towns of Myawaddy in Myanmar and Mae Sot in Thailand.
A new bridge now links the border towns of Myawaddy in Myanmar and Mae Sot in Thailand.
The Government of Viet Nam and the Asian Development Bank (ADB) have signed in March a $188 million loan to improve 198 kilometers of roads in northwestern provinces.
Thailand has adopted progressive policies that guarantee migrants’ access to many essential services regardless of legal status, including education and health care. However, barriers continue to hamper their use of these services in practice, says a United Nations report.
An international seaport project in Southern Cambodia will serve as a gateway for direct ferry services to Viet Nam and later to other destinations in the Gulf of Thailand. The fast ferry services are expected to boost tourism in the Southern Coastal Subcorridor of the Greater Mekong Subregion.
Quang Tri province is gearing up to become a center for energy production in the north central coastal region of Viet Nam. It recently approved the development of four 30-megawatt wind power plants worth more than $200 million.
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.