GMS in the News


The technical assistance covers the preparation of energy projects in Southeast Asia, such as developing priority power interconnections for cross-border trade of electricity in the Greater Mekong Subregion. Photo: ADB.

ADB Supports Energy Investment Planning in Southeast Asia

The Asian Development Bank has approved technical assistance for energy projects in Southeast Asia, including the Greater Mekong Subregion Cross-Border Power Trade and Distribution Project.


A startup from Luang Prabang that supplies reusable bamboo straws to the hospitality industry won the top prize in the 2018 Mekong Innovative Startups in Tourism (MIST) competition. Photo: MIST.

BambooLao Wins 2018 Mekong Travel Startup Challenge

A reusable bamboo straw producer from the Lao People’s Democratic Republic (Lao PDR) beat 111 entrants from across Southeast Asia to take the top prize in the 2018 Mekong Innovative Startups in Tourism (MIST) challenge.


Lao PDR Set for Moderate Growth in 2018 and 2019 — ADB

VIENTIANE, LAO PEOPLE’S DEMOCRATIC REPUBLIC (26 September 2018) — Economic growth for the Lao People’s Democratic Republic is expected to moderate in 2018, as agriculture and mining outputs are forecast to underperform, although an expansion in electricity generation, construction, and services will partially offset these adverse effects, according to a new Asian Development Bank report.


ADB to Improve Environmental Services in Two GMS Corridor Towns in Lao PDR

VIENTIANE, LAO PEOPLE’S DEMOCRACTIC REPUBLIC (17 September 2018) — The Asian Development Bank’s Board of Directors has approved a $48 million grant to help improve urban environmental services and enhance economic connectivity in Paksan and Thakhek, two of the least developed towns along the Greater Mekong Subregion Central Corridor in the Lao People’s Democratic Republic.


Lao PDR Deputy Minister of Finance Ms. Thipphakone Chanthavongsa (right) and ADB Country Director for Lao PDR Mr. Yasushi Negishi (left) after signing the grant agreement on 6 September 2018 in Vientiane. Senior officials from line ministries witnessed the signing.  

ADB, Lao PDR Sign Agreement to Promote Sustainable, Climate-Smart Agribusiness

VIENTIANE, LAO PEOPLE’S DEMOCRATIC REPUBLIC (7 September 2018) — The Asian Development Bank and the Government of the Lao People’s Democratic Republic signed an agreement for a $40.5 million grant for the Climate-Friendly Agribusiness Value Chains Sector Project that will help farmers and agribusinesses develop sustainable and climate-smart agriculture value chains in the country.


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