GMS Regional Investment Framework Implementation Plan: Second Progress Report
This second progress report provides the status of the Greater Mekong Subregion Regional Investment Framework Implementation Plan as of 31 December 2015, for all sectors, both investment and technical assistance projects.
Since the First Progress Report as of June 2015, six additional investment projects reported feasibility studies commenced, eight additional projects identified financing sources, and twelve additional projects report implementation commenced. Overall, 61% of investment projects have identified financing and 37% of investment projects have commenced implementation.
The Greater Mekong Subregion Regional Investment Framework Implementation Plan, 2014-2018 (RIF-IP) identifies 93 high priority investment and technical assistance projects from the more than 200 projects included in the Greater Mekong Subregion Regional Investment Framework, 2013-2022 (RIF). The total cost of the priority projects in the RIF-IP is estimated at around US $30 billion.
About the GMS program
The Greater Mekong Subregion (GMS) is made up of Cambodia, the People’s Republic of China (PRC, specifically Yunnan Province and Guangxi Zhuang Autonomous Region), the Lao People’s Democratic Republic (Lao PDR), Myanmar, Thailand, and Viet Nam. In 1992, with assistance from the Asian Development Bank and building on their shared histories and cultures, the six countries of the GMS launched a program of subregional economic cooperation—the GMS Program—to enhance their economic relations, initially covering the nine priority sectors: agriculture, energy, environment, human resource development, investment, telecommunications, tourism, transport infrastructure, and transport and trade facilitation.
- Summary of Progress
- Proposed Amendments to the RIF-IP List
- Sector Reports