Review of Configuration of the Greater Mekong Subregion Economic Corridors

Asian Development Bank (ADB), 2018.

Free full text https://www.adb.org/documents/review-configuration-gms-corridors.

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Abstract: This review recommends possible extension and/or realignment of economic corridors to enhance their effectiveness and efficiency in advancing economic integration in the Greater Mekong Subregion. The economic corridor approach was adopted by the Greater Mekong Subregion (GMS) countries in 1998 to help accelerate subregional development. The development of economic corridors links production, trade, and infrastructure within a specific geographic area. The review of these corridors was conducted to take into account the opening up of Myanmar and ensure that there is a close match between corridor routes and trade flows; GMS capitals and major urban centers are connected to each other; and the corridors are linked with maritime gateways. The review came up with recommendations for possible extension and/or realignment of the corridors, and adoption of a classification system for corridor development. The GMS Ministers endorsed the recommendations of the study at the 21st GMS Ministerial Conference in Thailand in 2016.

 

$66b invested in Greater Mekong Sub-region: ADB official

VNN – Last update 14:39 | 14/03/2018

The Greater Mekong, including Vietnam, is expected to have a colossal US$66 billion poured in to strengthen regional economic co-operation in the next five years, said an Asian Development Bank (ADB) official on Tuesday.

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Director of ADB’s division of regional co-operation and operations coordination in Southeast Asia Alfredo Perdiguero.

The money was upped by $2 billion compared to what ministers of the six Greater Mekong Sub-region (GMS) countries – Myanmar, Laos, Viet Nam, Cambodia, Thailand and China – agreed to in the action plan framework for 2018-2022 late last year. Tiếp tục đọc “$66b invested in Greater Mekong Sub-region: ADB official”

Economic Corridors in the Greater Mekong Subregion

greatermekongEconomic 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.

Tiếp tục đọc “Economic Corridors in the Greater Mekong Subregion”