greatermekong – Economic corridors are areas, usually along major roadways, that host a variety of economic and social activities. This includes factories, tourism, trade, environmental protection activities and other aspects of the economy and social development of an area.
An economic corridor is much more complex than a mere road connecting two cities. It involves not only the development of infrastructure but also the crafting of laws and regulations that make it easier to do business, access markets, and conduct other activities that support trade and development in a comprehensive manner.
Economic corridors bring a wide range of benefits, far beyond what any single project can deliver. There are three main economic corridors in the Greater Mekong Subregion. Plans are underway to expand these corridors, and strengthen links between GMS nations’ capital cities.
Last Updated: 25 August 2017
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Published by Phạm Thu Hương
I am a translator, author and administrator of Dotchuoinon.com - This is the only Vietnamese-language website devoted exclusively to positive thinking, founded by Dr Tran Dinh Hoanh, an attorney in Washington DC (USA) and author of a book series in Vietnamese on Positive Thinking. I am also administrator of UNCLOS Forum (United Nations Convention on the Law of the Sea Forum), a forum on UNCLOS and the East Sea (South China Sea) disputes, and CVD, a website for Conversations on Vietnam Development, both also founded by Dr Tran Dinh Hoanh. I am studying the Bible and Buddhism. I graduated with B.Sc. in Biotechnology Engineering from Hue University of Sciences. I love living with nature. I practice Aikido and the Energy Training exercise system for health, and enjoy life beauty as a hobby.
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