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.

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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.

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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.

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The GMS ministers called for a Transport and Trade Facilitation Action Program to enhance the cross-border flow of goods and people, and for a coordinated approach to developing urban areas throughout the region. A vendor selling different products in a market in Thailand. Photo: ADB.

Ministers Endorse Plans to Develop New Special Economic Zones in Mekong

KUNMING, PEOPLE’S REPUBLIC OF CHINA (11 June 2015) – Government ministers and senior officials attending the Greater Mekong Subregion Seventh Economic Corridors Forum today agreed on measures to promote the development of economic corridors, facilitate cross-border transport and trade, and enhance cooperation and private sector participation.

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Town market, Myanmar. Photo: ADB.

ADB and NEDA are exploring joint development of corridor towns in Myanmar. Photo: ADB.

ADB, NEDA Sign Partnership For Joint Cooperation Programs

BANGKOK, THAILAND (15 October 2017)  – The Asian Development Bank and the Neighbouring Countries Economic Development Cooperation Agency, a Thai development agency, have signed a partnership arrangement to carry out joint cooperation programs at national and regional levels.

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