Renewable energy sources are gaining momentum in Cambodia and other countries in Southeast Asia. Photo: ADB.
SINGAPORE (25 April 2017) — The Asian Development Bank has backed Singapore’s Sunseap Group’s project to build Cambodia’s first large-scale solar power project under a long-term agreement with Electricité Du Cambodge.
Greater Mekong Subregion countries are laying the groundwork for a seamless, cross-border rail network. Photo: ADB.
An ambitious effort is underway to connect the rail systems of Mekong countries so that passengers and freight can move seamlessly across borders.
Steady access to electricity improved services at the Ta Phem Health Center, leading to a 20-fold increase in patients. Photo: ADB.
New transmission lines bring cheaper electricity from the Viet Nam border to Phnom Penh, Cambodia's capital.
Projects under the Greater Mekong Subregion economic cooperation program has helped boost economic growth by improving access to markets and opportunities. Photo: ADB.
From gross domestic product to merchandise exports, it’s all about steady, high growth in the GMS.
The economic corridors of the Greater Mekong Subregion are not just roads or highways, but they encompass a variety of economic activities that run parallel to main transport routes. Photo: ADB.
Sometimes misunderstood as highway projects, the concept of economic corridors can be complex and confusing. Though not simple, they are powerful tools for reducing poverty and increasing economic growth.
Shop owners see a rise in sales as better roads bring in more customers. Photo: ADB.
Economic corridors, like the East-West Corridor running through the Greater Mekong Subregion, are much more than just highways. They link a variety of economic activities and have wide-ranging impacts.
The road project is expected to improve travel between Yangon (in photo), Myanmar’s largest city, and Mae Sot in western Thailand. Photo credit: ADB.
The Myanmar government recently approved a project that will ensure the completion of the Greater Mekong Subregion East-West Economic Corridor, which stretches from Danang, Viet Nam to Yangon, Myanmar.
An expected recovery in global food and fuel prices will help boost commodity production in Southeast Asia. Photo: ADB.
Economic growth in Southeast Asia is trending up with nearly all countries showing bright prospects. The Asian Development Bank (ADB) forecasts gross domestic product (GDP) to grow at an average of 4.8% in 2017 and 5% in 2018, from 4.7% in 2016.
Growth for the People's Republic of China is expected to moderate to 6.5% in 2017 and 6.2% in 2018. Photo: ADB.
HONG KONG, CHINA (6 April 2017) — The People’s Republic of China (PRC) needs to accelerate structural reforms in order to boost productivity and sustain growth momentum, says a new Asian Development Bank report.
Myanmar’s growth should accelerate over the next couple of years on the back of firming recovery in the major industrial economies and the government’s continued reforms. Photo: ADB.
YANGON, MYANMAR (6 April 2017) — Myanmar’s growth should accelerate this year and the next, driven by a firming recovery in the major industrial economies and the government’s continued reforms, says a new Asian Development Bank (ADB) report launched today.
Greater Mekong Subregion Secretariat
Regional Cooperation and Operations Coordination Division,
Southeast Asia Department, Asian Development Bank
Address: 6 ADB Avenue, Mandaluyong City 1550, Metro Manila, Philippines
Telephone: +63 2 8632 4444 Fax: +63 2 8636 2226