CHIANG MAI, THAILAND (1 February 2018) — Environment ministers from the six countries of the Greater Mekong Subregion endorsed a 5-year environment agenda that includes more than $540 million worth of priority projects to spur green investments and increase environmental cooperation to help the subregion achieve sustainable growth.

Blessed with rich natural resources and a strategic location at the heart of the Greater Mekong Subregion, the Lao People’s Democratic Republic has emerged from decades of turmoil and isolation to become one of the fastest growing economies in Southeast Asia since 2011.

Financial resource mobilization by the Malaria Trust Fund has helped eradicate malaria and build strong foundations for health systems in the Greater Mekong Subregion.

The Association of Southeast Asian Nations (ASEAN) have identified 19 priority infrastructure projects to enhance regional connectivity and mobilize investments. Fifteen of the projects are in the Greater Mekong Subregion.

Thailand is embarking on several projects in its northeastern region to improve travel to the Lao People’s Democratic Republic (Lao PDR).

The Lao People’s Democratic Republic has issued a law to guide railway development and ensure integration of its rail services with regional and global networks.

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.

This is the summary report of the steering committee meeting on the Greater Mekong Subregion Tourism Infrastructure for Inclusive Growth Project held in Viet Nam on 5 December 2018.

This publication provides an assessment of the agriculture, natural resources, and rural development sector in the Lao People's Democratic Republic and explains the country's and the Asian Development Bank's strategic investment priorities.