Topic:
The Greater Mekong Subregion Partnership
Sub-title:
This publication tells the success story of the Greater Mekong Subregion in vivid images, data, and narratives.
Description:
"The six GMS member countries are Cambodia, the
Lao People’s Democratic Republic (Lao PDR), Myanmar,
the People’s Republic of China (PRC), Thailand, and
Viet Nam. In the PRC, the GMS includes the Guangxi
Zhuang Autonomous Region and Yunnan Province.
With its 340 million people, vast array of landscapes,
multitude of ethnic groups, and differing development
histories and trajectories, the GMS is a diverse
and dynamic region. However, the six countries
also share many opportunities and challenges that
transcend national boundaries. Economic integration,
environmental sustainability, and adaptation to climate
change are but a few examples.
Recognizing that their combined efforts would have a
greater development impact, the six countries launched
the GMS Economic Cooperation Program in 1992.
The Asian Development Bank was chosen to serve as
the program’s secretariat. During its first decade, the
GMS Program initiated activities slowly but steadily,
focusing on a relatively small selection of energy and
road infrastructure projects.
The damaging Asian financial crisis of 1997 spurred
the countries to strengthen their cooperation.
In 2002, for example, a 10-year GMS Strategic
Framework was endorsed by the national leaders at
their first GMS summit. The countries committed
themselves to a joint vision of an integrated, prosperous,
and equitable subregion. This was to be achieved by
enhancing connectivity, improving competitiveness,
and building a strong sense of community (the “3 Cs”).
During its second decade, the GMS Program made
important progress in building roads and other “hard”
infrastructure. Successful projects were also initiated
in sectors such as agriculture, environment, trade
facilitation, human resource development, and tourism.
By 2012, GMS cooperation was well established
across nine priority sectors, and the member countries
embarked on a new and more ambitious 10-year strategy.
The focus shifted firmly toward creating “economic
corridors,” with a range of investments designed to
leverage the transport infrastructure that had been
built during the prior 2 decades. This new strategy also
emphasized an increase in multisector investments,
as well as policy and institutional reforms. A regional
investment framework was then developed to identify
country priorities and guide investments.
Five years into this new strategy, and now a quarter
century old, the maturing GMS Program continues
to deliver significant results. More than $20 billion in
investments have been directly channeled through
the program since 1992. These have helped the GMS
countries to diversify, strengthen, and integrate their
economies. They have also significantly contributed..."
Source/publisher:
Asia Development Bank (ADB)
Date of Publication:
2018-12-11
Date of entry:
2019-07-09
Grouping:
- Individual Documents
Category:
Countries:
Mekong Subregion
Language:
English
Local URL:
Format:
pdf
Size:
7.25 MB
Resource Type:
text
Text quality:
- Good