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Greater Mekong Subregion

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Through China, Biodiversity hotspot and Hanoi

The Greater Mekong holds irreplaceable natural and cultural riches and is considered one of the world's most significant biodiversity hotspots. The region is an important food provider and the site of many large-scale construction projects with social and economic implications.

Regional cooperation

For more than two decades, the six countries of the Greater Mekong Subregion have been working together under an economic cooperation program to realize their vision of a prosperous, integrated, and harmonious subregion.

The GMS Program has adopted a three-pronged strategy (the three Cs):

  1. Strengthening connectivity through physical infrastructure and the development of economic corridors.
  2. Improving competitiveness through market integration and the facilitation of cross-border trade and travel.
  3. Building a sense of community by addressing shared social and environmental concerns.

The GMS Program, with the support of development partners, helps identify and implement high-priority subregional projects in a wide range of sectors: agriculture, energy, environment, health and human resource development, information and communication technology, tourism, transport, transport and trade facilitation, and urban development. More than US$20 billion in investments have been directly channeled through the program.

Since 1998, the GMS program has been using economic corridors to promote economic growth and development. Economic corridors are investment areas, usually running along major highways, which connect centers of economic activity. Three main economic corridors are being developed in the Greater Mekong Subregion: the North-South Economic Corridor, the Southern Economic Corridor, and the East-West Economic Corridor.

In September 2017, the 22nd Ministerial Conference in Hanoi, Vietnam endorsed the medium-term pipeline of priority projects from 2018 to 2022. The rolling pipeline includes more than 200 investment and technical assistance projects, which will require more than US$80 billion in financing.

On 31 March 2018, the Sixth GMS Summit of Leaders in Hanoi adopted the Hanoi Action Plan and the Regional Investment Framework 2022.

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