Title:
ADB and special economic zones : ADB and the Greater Mekong subregion program
Corporate author(s):
Both ENDS
Place:
Amsterdam
Publisher:
Both ENDS
Year:
2011
PAGE:
6
Language:
eng
Subject:
Economic Development and Trade
Keywords:
economic development
,
environment
,
markets
Abstract:
This publication discusses the involvement of the Asian Development Bank (ADB) in the Mekong Region. The ADB, the biggest multilateral donor in the region, is actively involved in helping the Mekong countries set up Special Economic Zones (SEZs). According to the latest information available, the ADB has supported five (5) SEZ-related projects in Thailand and Laos, and another 31 SEZ projects have been proposed at the end of 2006. The total estimated cost of these projects is well above US$1 billion.1 SEZs are seen by the ADB as a useful tool to attract investments, create jobs, and boost industry competitiveness, which, in the end, should result in economic growth. SEZs, at the same time, fail in complying with the social and environmental safeguards of the Bank.
Organization:
Both ENDS
Region:
Asia
Category:
General
Right:
© 2011 Both ENDS
Document type:
Report
File:
216861.pdf