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Review of Configuration of Greater Mekong Subregion Economic Corridors

These changes will help ensure that further investments in GMS economic corridors are focused on areas with the best potential to allow these corridors to become fully functioning economic corridors, thus maximizing their contribution to increased incomes and employment in the subregion.
The primary considerations for including specific routes as part of East–West Economic Corridor (EWEC), North–South Economic Corridor (NSEC), and Southern Economic Corridor (SEC) in the current configuration were their potential to become trade, investment, tourism, and transit corridors, and the presence of significant sections that can be developed into hubs for regional trade, investment, and tourism. In reviewing their configuration, the primary concern is to ensure that
- developments arising from the opening up of Myanmar are taken into account;
- corridors include and link all GMS capitals and major economic centers;
- corridors are connected to key GMS maritime gateways and industrial hubs; and
- major trade flows are reflected in the alignment of the corridors.

Published by: Asian Development Bank - Author: Asian Development Bank,
Published on: Nov 2016 - Uploaded on: Dec 2016
File size: 4.4 MB - Language: English
Keyword(s): road projects , economic corridor approach , transit corridor
Category: Transportation