MANILA, PHILIPPINES (10 December 2014)– The Asian Development Bank has approved a loan of $200 million to improve villagers’ access to regional roads in Yunnan Province, the People’s Republic of China, in a project that will alleviate poverty and promote regional trade.
The Eighteenth Meeting of the Subregional Transport Forum (STF-18) was held in Ho Chi Minh City, Viet Nam. The Forum was jointly organized by the Ministry of Transport (MOT) of Viet Nam and the Asian Development Bank (ADB).
The Nineteenth Meeting of the Subregional Transport Forum (STF-19) was held in Phnom Penh, Cambodia.
Over 500 kilometers of roads in six provinces in Western Cambodia are being rebuilt and repaired under a flood damage emergency reconstruction project. The region is crucial to the country's agrarian-based economy.
This assessment indicates a mixed performance for the Transport Sector Strategy Study, 2006-2015 based on an assessment of the overarching goals upon which the study was based.
Heng Pich Chhay used to deliver fertilizer along a bumpy, muddy road in Kampot province to rice farms in his area. Today, he can reach every corner of Cambodia on the much-improved national road network. And his company has become one of the country’s biggest fertilizer distributors. Photo: ADB/Pring Samrang.
In Cambodia's Kampot province, local businesses thrive with the development of the Greater Mekong Subregion's Southern Coastal Corridor.
As Myanmar opens its borders for business, it needs to develop its road network to drive economic growth and take advantage of its strategic location in the Greater Mekong Subregion.
Delivery trucks attempt to squeeze through the narrow road between Eindu in Myanmar and the Thai border. Photo: ADB/Myo Thame.
A new road forming the last remaining segment of the Greater Mekong Subregion’s East-West Economic Corridor is set to bring new energy to fuel the economic transformation of a vibrant corner of Myanmar.
Daw Than Than Win decided to open a restaurant in Taikgyi Township after the 254-kilometer Yangon-Pyi road was improved with ADB financing in the 1980s. She said that the road became a busy thoroughfare since the upgrade, cutting travel time to Yangon city by half. Photo: ADB/Myo Thame.
An old ADB road stands the test of time in Myanmar, while new road upgrades designed to benefit farming communities in the country’s Ayerwaddy Delta are in the planning stage.
HA NOI, VIET NAM (25 November 2014) – The Asian Development Bank and the Government of Viet Nam today signed a $50 million loan agreement to upgrade Viet Nam’s tourism infrastructure, boost tourist spending, and create more jobs in the industry for poor and ethnic minority communities.
Greater Mekong Subregion Secretariat
Regional Cooperation and Operations Coordination Division,
Southeast Asia Department, Asian Development Bank
Address: 6 ADB Avenue, Mandaluyong City 1550, Metro Manila, Philippines
Telephone: +63 2 8632 4444 Fax: +63 2 8636 2226
