The Kim Thanh International Border Gate between Lao Cai (Viet Nam) and Yunnan Province (PRC) plays a vital role in the GMS northern corridor. Photo by ADB.
The Asian Economic Integration Report 2023 highlights the continued growth of integration in subregional initiatives and programs in Southeast Asia, including both in the GMS and the ASEAN, from 2006 to 2020.
Caption: Photo by ADB
The Asian Development Bank (ADB) has announced a grant of $1.3 million to advance disaster risk management in the Association of Southeast Asian Nations (ASEAN) through technical assistance (TA). The TA will support the implementation of the ASEAN Agreement on Disaster Management and Emergency Response Work Programme, 2021–2025, which will strengthen regional cooperation on understanding, reducing, and managing transboundary risks.
The Guangxi Li River Comprehensive Ecological Management and Demonstration Project will implement sustainable village preservation and low-carbon facilities. Photo by ADB.
The Asian Development Bank (ADB) has approved a $140 million loan to improve the environmental and economic conditions in Guilin in the Guangxi Zhuang Autonomous Region of the People’s Republic of China.
“Rapid urbanization has become a threat to Guilin's natural resources and sustainable development,” said ADB Senior Transport Specialist for East Asia Nicolas Dei Castelli. “This project will include a number of innovative solutions with demonstration potential, including low-carbon mobility, inclusive sanitation, and institutional development.”
The Viet Nam Industry 4.0 Summit 2021 highlighted the creation of a sustainable socioeconomic recovery and growth in Viet Nam in the post-COVID-19 era, and promoted industrialization and modernization in the digital age.
Mr. Andrew Jeffries, Country Director for ADB Viet Nam Resident Mission, joined the plenary discussion on post-pandemic economic recovery and digital transformation as a new vehicle for green recovery on 5 December 2021.
An aerial rendering of the SDZ. Photo by the Yunnan Provincial Overseas Investment Co. Ltd.
The Vientiane Saysettha Development Zone (SDZ) is being developed into a low-carbon demonstration model by the Lao-China Joint Venture Investment Co., Ltd. (LCJV). Low carbon demonstration zones hope to address climate change and green and low-carbon transition, and boost regional cooperation with the PRC.
The Asian Development Bank (ADB) and its partners will collectively zero in on strategies and policy responses that countries can adopt to lay the groundwork for post-COVID-19 recovery at the upcoming Southeast Asia Development Symposium (SEADS) Innovation through Collaboration: Planning for Inclusive Post-COVID-19 Recovery.
The 6th ASEAN Finance Ministers and Central Bank Governors’ Meeting held virtually on 2 October acknowledged ADB’s efforts in operationalizing the ASEAN Catalytic Green Finance Facility (ACGF) as a platform for ASEAN green infrastructure under the ASEAN Infrastructure Fund (AIF).
The 10th Mekong-Republic of Korea (RoK) Foreign Ministers’ Meeting was held on 28 September online, with the participation of Cambodia, Lao PDR, Myanmar, Thailand, Vietnam, and the RoK. The meeting highlighted achievements in cooperation on infrastructure, information technology, education, agriculture, environmental protection, and water resources management, and adopted the action plan for 2021-2025.
The Asian Development Bank (ADB) has approved a $100 million loan to clean up water resources and the environment of the Sayu River Basin in Yunnan Province, the People’s Republic of China (PRC).
The Sayu River Basin is an important area for ecological protection in the upper Yangtze River Basin. It is the only centralized drinking water source in Zhaotong City in Yunnan.
The Asian Development Bank (ADB) is assisting the Government of Thailand in designing, issuing, and monitoring innovative capital market initiatives as part of the country’s recovery from the coronavirus disease (COVID-19) pandemic in a manner aligned with the 2015 Paris Agreement and the UN Sustainable Development Goals.
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
