GMS in the News

Second Rural Water Supply and Sanitation Sector Project in Cambodia. Photo by ADB

$180 Million ADB Loan to Improve Urban Services in Cambodia

 The Asian Development Bank (ADB) has approved a $180 million loan to help three cities in Cambodia improve urban infrastructure and boost economic competitiveness.  

The Livable Cities Investment Project will help more than 140,000 residents in Bavet, Kampot, and Poipet access better wastewater and solid waste management services. It will help the cities reduce flooding by upgrading their urban stormwater and drainage systems. The project also aims to strengthen the capacity of municipal governments to deliver urban services.

Chay Lap Farmstay in Phuc Trach commune, Bo Trach District, Quang Binh Province. The community-based tourism area was first supported by the GMS Sustainable Tourism Development Project funded by ADB. The People's Committee of Quang Binh province allowed it to partner with Oxalis Adventure Tours in order to upgrade the Farmstay to a four-star service. Photo by ADB

Viet Nam Eyes Development of Rural Tourism Powered by Digital Technology

Viet Nam is eyeing the development of rural tourism—such as community-based tourism, agricultural tourism, and ecotourism—backed by digital transformation.  

Viet Nam has around 365 rural tourism spots and more than 2,000 traditional craft villages with potential for development under rural tourism.  

Workers take a ride on a truck after their shift at a factory in Cambodia. Photo by ADB.

$82 Million ADB Loan to Improve Cambodian Roads, Support GMS Economic Corridors

The Asian Development Bank (ADB) has approved an $82 million loan to improve about 48 kilometers of national and provincial roads in Prey Veng and Kandal to boost economic development along the Greater Mekong Subregion (GMS) Southern Economic Corridor.

GMS Program Achievements under the Ha Noi Action Plan 2018-2022

The Ha Noi Action Plan 2018–2022 reflected the Greater Mekong Subregion (GMS) Program’s agenda in the last 5 years of the GMS Economic Cooperation Program Strategic Framework 2012–2022. It laid down the agenda for the medium term and guided the Regional Investment Framework in the last 5 years. This feature is based on the Report on Recent Outcomes of GMS Cooperation presented at the 7th GMS Summit of Leaders by Mr. Sok Chenda Sophea, Minister in Charge of the GMS Program, Royal Government of Cambodia on 9 September 2021.

According to a report released by the Asian Development Bank, tourism in the Lao PDR supported growth in livestock and fisheries industries in 2019

Agriculture and Tourism Key to Lao PDR's Sustainable and Shared Prosperity — ADB

Raising competitiveness and strengthening the links between agriculture and tourism will contribute to post-coronavirus disease (COVID-19) recovery and inclusive growth in the Lao People’s Democratic Republic (Lao PDR), according to a report by the Asian Development Bank (ADB) released today.  

Cross-border Freight Transport between Lao PDR – PRC Launched

Two trucks were flagged off at the launch of cross-border freight transport between Kunming in Yunnan Province, People’s Republic of China (PRC), and Vientiane, Lao People’s Democratic Republic (Lao PDR), on 25 August. The Vientiane-bound truck from PRC carried around 3 million CNY (around $464,000) worth of machinery, equipment, and electronic appliances, while the truck bound for Kunming carried Laotian goods. Both trucks will pass through the Bohan (PRC)-Boten (Lao PDR) border checkpoint.

ADB-supported Event Promotes Cross-border Trade between India and GMS Countries

Trade promotion agencies of Cambodia, India, Thailand, and Viet Nam held an event promoting cross-border trade connectivity between India and countries in the Greater Mekong Subregion (GMS) on 19 August. Representatives from each country gave briefings on their business environment and exchanged experiences in facilitating trade and investment cooperation. Noting challenges caused by COVID-19, they urged governments to take measures to help their small and medium-sized enterprises (SMEs) move beyond national borders and expand markets.

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