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.

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.

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.

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.

News Releases