This new strategy for transport development in the Greater Mekong Subregion consists of a strategic framework covering 2018–2030 and a set of performance indicators initially covering 2018–2022.
The GMS Transport Sector Strategy 2030 is endorsed and the Early Harvest implementation of the CBTA is launched
Memorandum of Understanding for the Establishment of the Greater Mekong Railway Association is signed by all GMS countries
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.”
GMS member countries are looking forward to setting the ‘Early Harvest’ Implementation of the Cross-Border Transport Facilitation Agreement (CBTA) back on track. This was emphasized by the GMS countries at the Subregional Transport Forum (STF-25) of the GMS Program held on 14 June 2022.
The recently-concluded Subregional Transport Forum (STF-25) of the GMS Program highlighted the importance of behavioral interventions and stakeholders’ involvement to the reduction of road crashes and fatalities in the subregion. STF has been providing assistance in improving road safety for GMS countries since 2011.
The Ministry of Public Works and Transport (MPWT) of the Royal Government of Cambodia and the Asian Development Bank (ADB) hosted the 25th Meeting of the Greater Mekong Subregion (GMS) Subregional Transport Forum (STF-25) on 14 June 2022 in hybrid format, in-person in Siem Reap, Cambodia, and virtually through Zoom. The Forum took on the theme “Taking Action on GMS 2030 Strategy and COVID-19 Plan with Emerging Ideas”.
A freight transit yard where cargo is transferred for transshipment has been put into operation by the People’s Republic of China (PRC) – Lao People’s Democratic Republic (Lao PDR) Railway on 1 July 2022 at the Vientiane South Station. The freight yard promises to boost the PRC-Lao PDR railway’s logistics, improving the link between the railways of PRC-Lao PDR and Thailand.
ADB has worked out a core pipeline of projects for 2022–2024 that uses more responsive financing modalities and considers Viet Nam’s priorities for medium- and long-term post-pandemic recovery.
ADB supports Thailand in responding to the health, social, and economic impacts of the COVID-19 pandemic. In 2021, ADB provided $1.5 billion loan to help the country mitigate the negative economic impact of the pandemic.