High-Quality Infrastructure Boosts Trade on PRC-Viet Nam Corridor
For 25 years, six countries in the Greater Mekong Subregion have been promoting regional economic development. Upgrading cross-border transport networks is a key area of investment.
For 25 years, six countries in the Greater Mekong Subregion have been promoting regional economic development. Upgrading cross-border transport networks is a key area of investment.
The Lao People’s Democratic Republic (Lao PDR) began project preparations for a highway that extends from its capital Vientiane to Pakse city in the southern province of Champasak. The project is part of a highway that will connect Vientiane with Viet Nam’s capital Hanoi.
This introduces the green freight approach, which helps improve fuel efficiency and reduce carbon emissions of the transport sector.
Myanmar is upgrading the railway linking its two largest cities with assistance from the Government of Japan.
The Lao People’s Democratic Republic (Lao PDR) and Thailand are planning to build another bridge across the Mekong River.
PHNOM PENH, CAMBODIA (9 January 2018) — The Asian Development Bank today signed three project loan agreements with the Government of Cambodia to provide support for road network improvement, provincial water supply and sanitation, and smallholder farmers development in Tonle Sap.