GMS News

GMS Countries Renew Efforts to Boost Investments in Natural Assets

NAY PYI TAW, MYANMAR (29 January 2015) – Greater Mekong Subregion countries pledged to redouble efforts to protect and enhance their natural assets—including forests, farmlands, wetlands and water bodies—to ensure they contribute to inclusive and sustainable development, amid concerns that failure to take action threatens the subregion’s growth prospects.

Read more about GMS Countries Renew Efforts to Boost Investments in Natural Assets

News Releases

ADB Loan to Enhance Urban Services in Towns Along GMS Economic Corridor

HA NOI, VIET NAM (3 December 2015) – The Asian Development Bank has approved a $100 million loan to support government efforts to boost urban and water services in Bac Giang, Mong Cai and Sa Pa, three towns located along the North-South Economic Corridor within the Greater Mekong Subregion.

Read more about ADB Loan to Enhance Urban Services in Towns Along GMS Economic Corridor

News Releases

ADB Grant to Support Efforts Against Malaria Spread in Lao PDR

VIENTIANE, LAO PEOPLE’S DEMOCRATIC REPUBLIC (17 November 2015) – The Asian Development Bank and the Government of the Lao People’s Democratic Republic today signed an agreement for a $3 million grant to support the government’s efforts to eliminate the spread of drug-resistant malaria in the country.

Read more about ADB Grant to Support Efforts Against Malaria Spread in Lao PDR

News Releases

A trainee at a women’s development center financed by ADB.

The garment industry continues to drive economic growth in Cambodia. Photo: ADB.

Cambodia’s Growth Robust, Despite Slightly Lower Forecast

PHNOM PENH, CAMBODIA (22 September 2015) – Cambodia’s economy is expected to remain strong through 2016, though it is likely to grow at a slightly slower pace than forecast earlier this year, according to a new report by the Asian Development Bank.

Read more about Cambodia’s Growth Robust, Despite Slightly Lower Forecast

News Releases

ADB Loan to Boost Urban Services in Towns Along GMS Economic Corridor

VIENTIANE, LAO PEOPLE’S DEMOCRATIC REPUBLIC (16 November 2015) – The Asian Development Bank has approved a $37 million loan, with an additional $10 million in cofinancing, to support government efforts to improve urban services in Houayxay and Luang Namtha, two towns located along a Greater Mekong Subregion main economic corridor.

Read more about ADB Loan to Boost Urban Services in Towns Along GMS Economic Corridor

News Releases

Participants at the 20th GMS Ministerial Meeting. Photo: ADB.

The 20th GMS Ministerial Meeting was held on 9-10 September 2015 in Nay Pyi Taw, Myanmar. Photo: ADB.

GMS Ministers Take Action For Inclusive and Sustainable Development

NAY PI TAW, MYANMAR (10 September 2015) – Ministers attending the 20th Greater Mekong Subregion (GMS) Ministerial Conference called for the mobilization of additional funding to fully implement a $30 billion pipeline of investment and technical assistance projects that will drive growth and infrastructure development in the subregion.

Read more about GMS Ministers Take Action For Inclusive and Sustainable Development

News Releases

ADB Loan to Help Upgrade Road in Kayin State on GMS Corridor Route

YANGON, MYANMAR (12 November 2015) — The Asian Development Bank has approved a $100 million loan to improve a 66.4 kilometer section of road connecting the towns of Eindu and Kawkareik in Kayin state, the missing link of the Greater Mekong Subregion East-West Corridor.

Read more about ADB Loan to Help Upgrade Road in Kayin State on GMS Corridor Route

News Releases

GMS Ministers to Meet in Myanmar on Infrastructure Development

NAY PYI TAW, MYANMAR (8 September 2015) – Ministers and senior officials from the Greater Mekong Subregion and the Asian Development Bank will gather this week for the 20th GMS Ministerial Conference to explore ways to boost infrastructure investment and development.

Read more about GMS Ministers to Meet in Myanmar on Infrastructure Development

News Releases

ADB, Cambodia Sign Loans to Improve Irrigation and Disease Control Systems

PHNOM PENH, CAMBODIA (10 November 2015) – Cambodia and the Asian Development Bank today signed loan and grant agreements totaling $64 million for two projects which will further improve the country’s irrigation schemes and malaria control and monitoring systems.

Read more about ADB, Cambodia Sign Loans to Improve Irrigation and Disease Control Systems

News Releases

A new system to be introduced by the Customs Department with ADB support will simplify and expedite the release of imported and exported goods. Bo Aung Kyaw Port is an important entry point for goods into the Yangon area. Photo: ADB.

Myanmar Customs to Develop New Scheme For Faster Import, Export of Goods

YANGON, MYANMAR (27 July 2015) – The Asian Development Bank is supporting the Myanmar Customs Department in developing its Authorized Economic Operators scheme, a new system that will simplify and expedite the release of imported and exported goods.

Read more about Myanmar Customs to Develop New Scheme For Faster Import, Export of Goods

News Releases