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.
International Finance Corporation is providing $15 million in long-term financing to the International Bulk Terminal (Thilawa) Company Limited to develop and operate one of the first bulk terminals in Myanmar.
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.
A new system to be introduced by the Customs Department with ADB support will simplify and expedite the release of imported and exported goods. Bo Aung Kyaw Port is an important entry point for goods into the Yangon area. Photo: ADB.
YANGON, MYANMAR (27 July 2015) – The Asian Development Bank is supporting the Myanmar Customs Department in developing its Authorized Economic Operators scheme, a new system that will simplify and expedite the release of imported and exported goods.
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
