US$9bn needed for Greater Mekong Subregion roads and other development

A further US$ 9 billion is required to complete the development of the Greater Mekong Subregion (GMS), according to the National Economic and Social Development Board of Thailand. The new investment will cover development of roads, special economic zones, border towns, ports and facilities at important checkpoints in the GMS’s six states of Cambodia, Laos, Myanmar, Thailand, Vietnam, and the Yunnan Province of China. The North-South Economic Corridor's transport network will, it’s reported, be confirmed onc
January 23, 2013 Read time: 1 min
A further US$ 9 billion is required to complete the development of the Greater Mekong Subregion (GMS), according to the National Economic and Social Development Board of Thailand.

The new investment will cover development of roads, special economic zones, border towns, ports and facilities at important checkpoints in the GMS’s six states of Cambodia, Laos, Myanmar, Thailand, Vietnam, and the Yunnan Province of China.

The North-South Economic Corridor's transport network will, it’s reported, be confirmed once the fourth Thai-Lao Friendship Bridge (Chiang Khong-Huay Xai) is finished in the next two years. Another 82km of the route R11 in Laos is also being built.

Furthermore, it is suggested that the 943 Asian Development Bank should provide financing for the construction of Myawaddy-Kokariek-Thaton road in Myanmar. Meanwhile, the government of Thailand is expected to have an important role in creating a regional transport network.

For more information on companies in this article

Related Content

  • New bridge and highway for Laos
    January 31, 2013
    Key infrastructure projects planned by the government in Laos will help improve the country’s transport connectivity. Heuangsy Construction is to rebuild a 132km road connecting Xanakham with Hinheup in a deal worth some US$168 million signed with the government. The project includes building a new border checkpoint at Vang as well as work to 19 bridges, and links to the Road No13 North and National Highway No11. Another key project being funded by the Laos Government is the $13.75 million bridge over the M
    Read More
  • Thailand highway development project to connect with neighbours
    May 23, 2019
    Thailand is looking to support a major highway project that will connect with its neighbours. A new 138km highway link will improve transport connections between Thailand and Myanmar’s Dawei Special Economic Zone. This route will likely receive financial support via Thailand’s Neighbouring Countries Economic Development Cooperation Agency (NEDA). This is just one of several projects NEDA is aiming to assist. NEDA is in talks with representatives of a number of neighbouring countries such as Laos and Cambodi
    Read More
  • Vietnam’s US$1.4 billion expressways for Cao Bang to Lang Son and Hoa Binh
    January 23, 2024
    Vietnam’s US$1.4 billion expressways to connect Cao Bang to Lang Son and transforming Hoa Binh.
    Read More
  • Papua New Guinea mends its bridges
    February 28, 2022
    Under the latest tranche of the Sustainable Highlands Highway Investment Programme, 45 of the estimated 71 bridges will be completely replaced.
    Read More

Highlighted Content