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Subregion summit kicks off in Hanoi

Their 5-year Hanoi Action Plan, with Regional Investment Framework of 226 subregion development projects worth 2 trillion baht are on the table.

By Patpon Sabpaitoon.

Hanoi, March 29, 2018

Bangkok Post

A railway improvement project connecting Denchai, Chiang Rai and Chiang Khong worth more than 30 billion baht will be among 226 projects to be endorsed at the 6th Greater Mekong Subregion (GMS) Summit being held today until Saturday in Hanoi, Vietnam, assistant government spokesperson Col Atisith Chainuvati said on Wednesday.

During the summit, GMS leaders including Prime Minister Prayut Chan-o-cha are expected to endorse three important documents, namely a joint statement, the Hanoi Action Plan covering the next five years, and a Regional Investment Framework over the same period. The latter comprises 226 subregion development projects worth 2 trillion baht, he said.

Among the highest-value projects involving Thailand are the Denchai-Chiang Rai-Chiang Khong rail link, tourism infrastructure development worth 5.4 billion baht, and an energy project worth 2.8 billion baht million to support cooperation between Thailand and Laos in exporting electricity to third countries, he said.

In the joint statement to be endorsed at the meeting, the GMS will claim success in turning the sub-region into the world’s most vibrant middle-income economy after a series of high-quality development projects over the past 25 years.

These include construction of new airports, 80 bridges, 10,000km of roads, 500km of railways, 3,000km of power transmission and distribution lines and the installation of 1,570MW of generating capacity.

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