GMS needs $9bn more | Bangkok Post: business

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GMS needs $9bn more

New infusion of US$9bn estimated

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The Greater Mekong Subregion (GMS) is expected to need an additional US$9 billion to achieve full-fledged economic corridors spanning the six GMS countries, says the government's planning unit. 

Investment under the GMS framework has totalled $15 billion over the past 20 years, mainly for transportation networks and academic assistance.

Arkhom Termpittayapaisith, secretary-general of the National Economic and Social Development Board, said the new investment framework should focus on building infrastructure and logistics networks as well as relevant facilities.

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