Development Study of GMS Economic Corridors (formerly Greater Mekong Subregion: Development Study of the North-South Economic Corridor) (TA)
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Details
Project |
39084-012 |
Related Projects |
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Type |
TA |
Sector |
Public Sector Management |
Country |
Regional |
Start |
2006 |
End |
2011 |
Status |
Closed |
Last Edited |
05 Jul 2021 |
Funding
US$('000) 630
Confinancing Source: PRC-Regional Cooperation and Poverty Reduction Fund
Project Description
The RETA will involve a study on the North South Economic Corridor (NSEC) development from a multi-sectoral perspective, reviewing spatial development options, and addressing practical infrastructure, human resource, policy, regulatory and institutional barriers to trade, investment, and the movement of goods and people. The study will explore opportunities (one-stop border trade facilities, border town development twinning arrangements, sharing social and physical infrastructure, cross-border production networks, etc) to promote across border trade and investment. This study will also promote private sector participation in development of the corridor and partnership between the private and public sector. increase investment returns using existing transport modes (roads, water, air, and rail). The study should draw on practical international experiences, including initial lessons from other GMS initiatives.
Progress
(as of March 2021)
Project closed
News and Multimedia
GMS Route 3 - Thailand. The new Route 3 has delivered great opportunities for increased income.
Source: ADB Flickr
GMS Route 3 - Thailand. The new Route 3 has delivered great opportunities for increased income.
Source: ADB Flickr
GMS Route 3 - Thailand. The new Route 3 has delivered great opportunities for increased income.
Source: ADB Flickr
GMS Route 3 - Thailand. A boatman repaints his boat at the riverbank of the Mekong in Chiang Khong.
Source: ADB Flickr
GMS Route 3 - Thailand. Chiang Rai is the northern most province of Thailand, bordering Lao PDR and Myanmar. Agriculture and tourism are major industries in the province.
Source: ADB Flickr
- Reduced poverty and improved living standards, resulting from increased trade and investment, for people in the GMS North South Economic Corridor (NSEC).