Themed “Greater Integration, Inclusivity and Sustainability in the GMS,” the event aimed to prepare for the seventh GMS Summit slated for 2021 in Cambodia.
At the event, participants discussed and reviewed the new long term strategic framework of GMS for the GMS leaders’ consideration and endorsement at the seventh GMS Summit.
They will be briefed on the preliminary results of a research program that aims to support the implementation of the new GMS strategy through policy recommendations, while reviewing progress since the previous conference in various fields such as transport, energy, agriculture, tourism, trade, environment and health care.
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Head delegates at the conference |
They noted that over the past three decades, the GMS Program has invested in constructing and maintaining 11,000km of roads, 500km of railway and 3,00km of power transmission lines, while enhancing energy generation capacity to provide to more than 200,000 households.
The program has supplied technical assistance to enhance the soft and hard connection through trade and trans-border transport coordination, along with the adjustments of the health care and quarantine systems, biodiversity and environment protection and developing agricultural value chain.
At the conference, GMS countries and the ADB also discussed difficulties facing the program, including trade tension, climate change and energy security problems.
Participants agreed on a GMS health care cooperation strategy for the 2019-2023 period.
Addressing the event, the Vietnamese Deputy Minister lauded cooperation and coordination among GMS countries as well as the important role of development partners, especially the Asian Development Bank (ADB) as the GMS Secretariat in providing technical support, resources and knowledge to GMS member countries to complete their socio-economic development goals.
Thang proposed that the ADB and partners will continue working closely and mobilising resources to realise the Regional Investment Framework 2022 (RIF) with 255 projects worth about USD 92 billion, while encouraging the private sector’s engagement.
The GMS region comprises Cambodia, Laos, Myanmar, China, Thailand and Vietnam. With the support of the ADB, the six GMS countries launched their economic cooperation since 1992, with priority on areas of agriculture, energy, environment, health care, human resources, IT, tourism, transport, trade, urban development and border economy.
Since its formation, the GMS Program has invested nearly USD 23 billion in projects in the whole region as well as trans-border transport and energy systems, as well as infrastructure for tourism and disease prevention.
Source: VNA