US$7 billion over the 5 years for GMS projects in transport, tourism, energy, climate change mitigation and adaptation, agribusiness, and urban development.
Tag: infrastructure
Why Cambodia’s beach town Sihanoukville could be the region’s next big tourist hub
Could Sihanoukville become Cambodia’s biggest city within the next two decades, some developers think so.
Lancang-Mekong Cooperation entering new growth phase: Chinese envoy
China has set up 10-billion-yuan concessional loans, a 5-billion-U.S.-dollar special loan on production capacity cooperation and a 5-billion-U.S.-dollar preferential export buyers’ credits to support infrastructure
$66b invested in Greater Mekong Sub-region: ADB official
Upped by $2 billion compared to what ministers of the six GMS countries agreed to in the action plan late last year.
Yangon’s recurring urban problems
The Yangon City Development Committee needs to fix itself before it can fix roads and drains
China lavishes cash on ally Cambodia with eyes on the Mekong
Beijing has pledged billions of dollars to build new infrastructure in Cambodia as payback for impacts of Chinese mega-dams across the Mekong.
Govt ready to invest in 8 new infrastructure projects in 2018
The Ministry of Transport has prepared eight new infrastructure investment projects for implementation next year, with a combined budget of over 100 billion baht.
Landslides in Mekong Delta could lead to serious flooding
There are 562 landslide spots in Mekong Delta with total length of over 786 kilometers, according to the General Department of Disaster Prevention and Control.
Belt and Road shields Myanmar from Beijing’s capital crackdown
The sectors targeted by the restriction do not concern investment projects here, which are mostly infrastructure and energy-related.
Vietnam’s Mekong Delta sinking at worrying rate: expert
Subsidence and rising sea level are threatening to sink the entirety of Vietnam’s Mekong Delta in the near future if preventive measures are not carried out quickly, an expert has warned.