A 10-year-plan of the Government of Cambodia will put off development of new hydropower dams on the Mekong River in 2020–2030. The Cambodian government will review a policy to seek energy from coal, natural gas, and solar, as well as energy imports, according to a Reuters report.
The Government of Cambodia’s Council of Ministers approved two 500 kilovolt (kV) transmission line investment projects in (i) Phnom Penh to the Cambodia-Lao PDR border, and (ii) Battambang to the Cambodia-Thailand border, to prepare to import electricity from its neighbors. The Government of Cambodia is working on increasing the country’s electricity capacity to improve production and competitiveness.
Cambodia and Viet Nam will continue to work together to ensure bilateral trade continues amidst border control measures implemented due to the COVID-19 pandemic. While the two countries have enforced stricter travel restrictions to tourists passing through their borders, Cambodia and Viet Nam remain open to the exchange of goods.
Leaders of Cambodia, Lao PDR, Myanmar, Thailand, and Viet Nam adopted the Phnom Penh declaration at the 9th Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) Summit held on 9 December. The declaration emphasizes post-pandemic socio-economic recovery and preparation for future crises and challenges through public health cooperation and enhanced supply chains. ACMECS leaders stressed the importance of vaccine multilateralism to ensure equitable and safe access to coronavirus disease (COVID-19) vaccines.
The Asian Development Bank (ADB) approved a $3,000,000 technical assistance to support the implementation of initiatives to accelerate trade and cross-border investment between small and medium-sized enterprises (SMEs) of Cambodia, Thailand, Viet Nam—member countries of the Greater Mekong Subregion (GMS) program—and India. This ADB-administered technical assistance is financed by the United Kingdom Fund for Asia Regional Trade and Connectivity under the Regional Cooperation and Integration Financing Partnership Facility.
‘Travel bubbles’ are being considered by Southeast Asian countries, including Myanmar and Thailand, as a means to safely resume travel activities. Members of the Mekong Tourism Advisory Group recommended creating travel bubbles to kickstart regional tourism in the absence of a coronavirus disease (COVID-19) vaccine in their meeting in May.
The 10th Cambodia, Lao PDR, Myanmar, Vietnam (CLMV) Summit, held on 9 December, emphasized enhancing effective connectivity for regional integration.
Tests have been completed on four electricity generators that will link 195 megawatts (MW) of electricity from Don Sahong Dam in Lao People’s Democratic Republic (PDR) to Cambodia’s national grid.
The Government of Myanmar released a Strategic Roadmap for Tourism Recovery that aims to establish ‘new normal’ conditions to help tourism make a comeback.
Mr. Ohn Maung, Union Minister of Ministry of Hotels and Tourism, provided guidelines for implementation of the plan. It includes three phases:
Cambodia, Lao PDR, and Viet Nam (CLV) Leaders expressed their firm commitment to strengthen the CLV Development Triangle Area (DTA) in order to accelerate economic growth, alleviate poverty, and promote socio-cultural progress in the subregion. At the 11th CLV Summit held online on 9 December, they adopted a Joint Declaration that provides a foundation for the subregion’s socio-economic development plan until 2030 and the Tourism Development Plan. They also adopted the Development Plan for Sustainable Rubber Industry.