Third Greater Mekong Subregion Corridor Towns Development Project (TA)
The objective of the Project is to strengthen competitiveness of the GMS economic corridors through investing in urban infrastructure in corridor towns. Local economic development in corridor towns will contribute to broader regional economy through increased traffic and trade along the GMS economic corridors. The proposed project will be the third phase of the GMS corridor towns development initiative. The first phase is being implemented in ten towns while the second phase is under preparation in seven towns in Cambodia, Lao PDR, and Viet Nam. As Myanmar could not be included in the second phase, it was agreed that the third phase will focus only on Myanmar.
Progress (as of March 2021)Project closed
|Asian Development Bank
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- The project-s main focus is to upgrade facilities to improve urban environmental conditions in the project cities, to keep up with urban development and to reduce the impacts of natural disasters and climate change. Improved urban infrastructure and services will also increase economic opportunities for people living in the project areas, leading to poverty reduction.