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

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.

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