Greater Mekong Subregion: News Releases
Read news releases related to the Greater Mekong Subregion.
ADB Loan for Marine Ferry Terminal in Kampot to Boost Southern Tourism
ADB has approved an $18 million loan to build a marine ferry terminal and other infrastructure in southern Cambodia to open up new opportunities for tourism beyond current popular destinations like the famous temples of Angkor.
ADB Helps Viet Nam Improve Tourism Infrastructure for Inclusive Growth
ADB and the Government of Viet Nam today signed a $50 million loan agreement to upgrade Viet Nam’s tourism infrastructure, boost tourist spending, and create more jobs in the industry for poor and ethnic minority communities.
ADB, Japan Help GMS Countries Continue Push For Seamless Cross Border Trade
ADB and the Government of Japan are providing technical assistance to help Greater Mekong Subregion member countries tackle weaknesses in sanitary and phytosanitary (SPS) procedures, which are undermining cross border trade flows.
ADB Supports Public-Private Hydropower Project in Lao PDR
ADB is supporting a 290-megawatt hydropower project in the Lao People’s Democratic Republic (Lao PDR) under a public-private partnership arrangement.
GMS Economic Corridors Must Yield More Jobs and Investment, Forum Hears
The Greater Mekong Subregion (GMS) needs to ensure that economic corridors yield benefits in terms of trade, investment, and jobs, participants at the 6th GMS Economic Corridors Forum (ECF) heard today.
Investments in natural capital crucial to sustain economic growth in GMS
Member countries of the Greater Mekong Subregion face losing recent development gains unless they invest more to secure natural resource stocks, senior officials from the six countries heard at a meeting in Myanmar today.
PRC Expands Biodiversity Corridors, Environmental Protection Efforts
The People’s Republic of China (PRC) will expand biodiversity corridors to link 10 nature reserves in the southwestern corner of the country – including critical habitat for the Cao Vit gibbon, one of the rarest apes in the world – following workshops conducted as part of the Greater Mekong Subregion’s (GMS) Core Environment Program (CEP), supported by the Asian Development Bank.
ADB to Help Unleash Development Potential of PRC's Yunnan Province
ADB President Takehiko Nakao met with Yunnan Governor Li Jiheng and discussed the province's development challenges and potential during a three-day visit to the People’s Republic of China. During his mission, Mr. Nakao visited two poor villages in northern Yunnan and three ADB-supported projects.
Statement on the GMS: Rehabilitation of the Railway in Cambodia Project - Final Report of the Compliance Review Panel
On 31 January 2014, the Asian Development Bank's (ADB) Board of Directors agreed to bring the GMS: Rehabilitation of the Railway in Cambodia Project into full compliance with its safeguard policies following a report by ADB’s Compliance Review Panel (CRP).
$50 Billion Greater Mekong Plan to Focus on Building Economic Corridors
Member countries of the Greater Mekong Subregion (GMS) have agreed to draw up a $50 billion pipeline of potential projects under a new Regional Investment Framework (RIF), including investments in non-traditional areas like railways and multisector projects to be made over the next decade.