The People’s Republic of China, Lao People’s Democratic Republic, and Thailand have agreed to build a railway bridge that will be part of a high-speed rail line connecting the three countries.
The Singapore subsidiary of Kerry Logistics Network Limited will develop a dry port in the capital of the Lao People’s Democratic Republic with local company Sitthi Logistics.
The ASEAN Infrastructure Fund has launched an “Inclusive Finance Facility” to provide concessional financing for critical infrastructure in three countries in the Greater Mekong Subregion—Cambodia, the Lao People’s Democratic Republic, and Myanmar.
A shopkeeper shows off merchandise at a market in Yangon. Strong domestic demand will offset weaker export growth in Southeast Asia. Photo: ADB.
Southeast Asia will sustain growth at close to 5% this year and next, according to a new Asian Development Bank report.
VIENTIANE, LAO PEOPLE’S DEMOCRATIC REPUBLIC (3 April 2019) — Economic growth in the Lao People’s Democratic Republic is expected to remain stable this year and next, supported by the expanding agriculture, energy, industry, and services sectors.
The Lao People’s Democratic Republic has signed an agreement with Electricité du Cambodge to sell 200 megawatts of electricity to Cambodia until 2021.
In a participatory guarantee system, farmers test and certify each other’s produce. Photo: ADB.
Pilot projects in the Greater Mekong Subregion are helping increase small farmers’ income by enhancing their access to the lucrative organic food market using a community-based certification system.
Technicians and workers assemble electronic products for export at a special economic zone in the Lao People's Democratic Republic. Photo: ADB.
The Asian Development Bank has published economic statistics for analyzing cross-border production arrangements in Southeast Asian countries, including those in the Greater Mekong Subregion.
Rice plays a key role in food security and economic growth in the Greater Mekong Subregion. Photo: ADB.
A pilot project in the Greater Mekong Subregion explored the use of satellite technology to improve the collection of paddy rice statistics to support better policymaking.
Germany and the European Union have renewed their support to strengthen transboundary water cooperation in the Greater Mekong Subregion.
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
