Regulatory and institutional reforms are needed to make infrastructure more attractive to private investors and generate a pipeline of bankable projects for public–private partnerships. Photo: ADB.
Mekong governments need to create an enabling environment for public-private partnerships in infrastructure. Here are 4 ways to get the job done.
Cargo trucks pass through the Second Lao–Thai Friendship Bridge over the Mekong river, which connects Savannakhet City with Mukdahan province. The bridge has helped improved the Lao PDR’s access to seaports in neighboring countries. Photo: ADB.
The Lao People’s Democratic Republic is operating its first dry port in Savannakhet province, where it is strategically positioned along the Greater Mekong Subregion East-West Economic Corridor, at the mid-point between the nearest Vietnamese seaport of Danang, and Thai ports in Bangkok and Laem Chabang.
Special economic zones have shown to be centers of growth and incubators of good practice. Photo: ADB.
Special economic zones combined with economic corridors are a potent force for prosperity in the Greater Mekong Subregion.
The Governors Forum promotes regular communication among provinces along the borders of the Mekong countries. Photo: ADB.
In Kunming, governors and key local government officials from provinces along the borders of the Greater Mekong Subregion came together on 10 June 2017 to discuss further cooperation.
The road project is expected to improve travel between Yangon (in photo), Myanmar’s largest city, and Mae Sot in western Thailand. Photo credit: ADB.
The Myanmar government recently approved a project that will ensure the completion of the Greater Mekong Subregion East-West Economic Corridor, which stretches from Danang, Viet Nam to Yangon, Myanmar.
MANDALAY, MYANMAR (28 June 2012) - Ministers and senior government officials from the six Greater Mekong Subregion countries met today to discuss ways of expanding economic corridors to better facilitate the movement of people and products around the subregion.
The project will improve cross-border connectivity in the Greater Mekong Subregion. This will help create jobs and raise incomes for local residents. Photo: ADB.
MANILA, PHILIPPINES (8 December 2016) – The Asian Development Bank has approved a $450 million investment program to promote cross-border economic activities between Guangxi Zhuang Autonomous Region of the People’s Republic of China and northern Viet Nam. The program will focus on developing the North-South Economic Corridor under the Greater Mekong Subregion Cooperation Program.
The GMS ministers called for a Transport and Trade Facilitation Action Program to enhance the cross-border flow of goods and people, and for a coordinated approach to developing urban areas throughout the region. A vendor selling different products in a market in Thailand. Photo: ADB.
KUNMING, PEOPLE’S REPUBLIC OF CHINA (11 June 2015) – Government ministers and senior officials attending the Greater Mekong Subregion Seventh Economic Corridors Forum today agreed on measures to promote the development of economic corridors, facilitate cross-border transport and trade, and enhance cooperation and private sector participation.
KUNMING, PEOPLE’S REPUBLIC OF CHINA (10 June 2015) – Ministers and senior officials from the six Greater Mekong Subregion countries and the Vice-President of the Asian Development Bank will convene tomorrow at the 7th GMS Economic Corridors Forum to discuss how to further develop economic corridors, facilitate cross-border transport and trade, and enhance cooperation and private sector participation – including the development of Special Economic Zones.
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
