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GMS Sector Activities
A significant amount of resources has been mobilized for the GMS Program. For the 28 GMS projects that ADB has assisted, GMS governments have provided about US$2.2 billion. ADB has extended loans amounting to US$1.9 billion. ADB has also generated US$2.7 billion in cofinancing for these investment projects. A total of US$155 million of grant resources have been mobilized, of which US$73 million have been provided by ADB, to finance technical assistance focusing on human resource development, tourism, environment, trade and investment. View Sector Flyers
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Since 1992, substantial progress has been achieved in terms of implementing GMS projects. Priority infrastructure projects worth around US$6.8 billion have either been completed or are being implemented. Among these are the upgrading of the Phnom Penh (Cambodia)-Ho Chi Minh City (Viet Nam) highway and the East-West Economic Corridor that will eventually extend from the Andaman Sea to Da Nang.