Implementing the Greater Mekong Subregion Strategic Framework 2030 for Supporting the COVID-19 Recovery (ADB-55204-001)

Countries
  • Cambodia
  • China
  • Laos
  • Thailand
  • Vietnam
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
May 18, 2022
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Sectors
  • Education and Health
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 1.75 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Jan 12, 2023

Disclosed by Bank May 19, 2022


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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

The knowledge and support technical assistance (TA) will strengthen the role of the Greater Mekong Subregion (GMS) Economic Cooperation Program (the GMS Program) as a regional platform for supporting the GMS countries in their response to, and recovery from, the coronavirus disease (COVID-19) pandemic. The TA will support the implementation of both the GMS Economic Cooperation Program Strategic Framework 2030 (GMS-2030) and the GMS COVID-19 Response and Recovery Plan 2021-2023 (the GMS COVID-19 Plan). The TA builds on the work undertaken through the Technical Assistance for Sustaining the Gains of Regional Cooperation in the GMS and supports the critical role of the Asian Development Bank (ADB) as the secretariat of the GMS Program. The TA will focus on strengthening coordination and decision-making mechanisms; improving identification of projects, resource mobilization, and results monitoring; and enhancing strategic planning and policy dialogue based on knowledge solutions.

The proposed TA supports ADB's response to COVID-19 and is aligned with operational priorities of the Asian Development Bank (ADB) Strategy 2030 of addressing remaining poverty and reducing inequalities (OP1), accelerating progress in gender equality (OP2), tackling climate change, building climate change and disaster resilience and enhancing environmental sustainability (OP3), making cities more livable (OP4), strengthening governance and institutional capacity (OP6), and fostering regional cooperation and integration (OP7). It is also linked to ADB's Operational Plan for Priority 7 Fostering Regional Cooperation and Integration, 2019-2024, which focuses on (i) greater and higher quality connectivity between economies, (ii) expanded global and regional trade and investment opportunities and, (iii) increased and diversified regional public goods. The TA is aligned with relevant ADB country programs and is included in the indicative country pipelines and monitoring of Cambodia, Thailand, and Viet Nam for 2022-2024.

 

Investment Description
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Contact Information
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Project Officer
Sumbal, Asadullah Khan
Southeast Asia Department

Project contacts not available at the time of disclosure.

ACCESS TO INFORMATION

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ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main.

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