Thailand is spending 100 billion baht ($3 billion) in infrastructure to strengthen its position as a transport and trade hub along the economic corridors of the Greater Mekong Subregion.
Customs control in Mukdahan at Thailand's border with the Lao People's Democratic Republic. Photo: ADB.
The six countries of the Greater Mekong Subregion have agreed to extend the “early harvest” implementation of their Cross-Border Transport Facilitation Agreement (CBTA) for 2 years.
Cambodia and Thailand reconnected their railroad networks on Monday after 45 years to facilitate cross-border trade and transport.
A new bridge now links the border towns of Myawaddy in Myanmar and Mae Sot in Thailand.
Japan and the five Southeast Asian countries of the Greater Mekong Subregion adopted the Tokyo Strategy 2018 at the 10th Mekong-Japan Summit Meeting in Tokyo on 9 October.
The Japan-Mekong Connectivity Initiative invests in hard and and soft infrastructure projects in the Greater Mekong Subregion, including human resource development. Photo: ADB.
Foreign ministers from Japan and five Mekong nations this month identified areas of cooperation under a new strategy and reviewed the progress of joint projects in the East-West Economic Corridor and Southern Economic Corridor.
Thailand was the host of the 8th ACMECS Summit, which was attended by (from left) Myanmar President U Win Myint, Viet Nam Prime Minister Nguyen Xuan Phuc, Thailand Prime Minister Prayut Chan-o-cha, Cambodia Prime Minister Hun Sen, Lao People's Democratic Republic Prime Minister Thongloun Sisoulith and ASEAN Secretary-General Lim Jock Hoi. Photo courtesy of the Ministry of Foreign Affairs, Thailand.
Asian Development Bank President Takehiko Nakao reaffirmed ADB's support to the Ayeyawady-Chao Phraya Mekong Economic Cooperation Strategy in a video message shown at the 8th ACMECS Summit on 16 June in Bangkok.
Five Mekong River Basin countries have agreed on a 5-year master plan that includes promoting the smooth flow of goods and people in the East-West Economic Corridor and Southern Economic Corridor of the Greater Mekong Subregion.
Eighty delegates from public and private financial institutions from the six countries of the Greater Mekong Subregion participated and discussed topics including fintech, supply chain finance, and taking of security for trade finance. Photo: ADB.
BANGKOK, THAILAND (25 January 2018) — The Asian Development Bank’s Trade Finance Program called for greater financial integration, including the development of trade finance, among Greater Mekong Subregion countries at a recent conference for trade finance professionals, central banks, and government ministries in Bangkok.
The road project is expected to improve travel between Yangon (in photo), Myanmar’s largest city, and Mae Sot in western Thailand. Photo credit: ADB.
The Myanmar government recently approved a project that will ensure the completion of the Greater Mekong Subregion East-West Economic Corridor, which stretches from Danang, Viet Nam to Yangon, Myanmar.
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
