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ADB and special economic zones : ADB and the Greater Mekong subregion program


Document type: report
Download file(s): 216861 (562 KB)
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.
Corporate author(s): Both ENDS
Category: General
Keywords: economic development , environment , markets
Language: eng
Organization: Both ENDS
PAGE: 6
Place: Amsterdam
Publisher: Both ENDS
Year: 2011
Region: Asia
Right: © 2011 Both ENDS
Subject: Economic Development and Trade
Title: ADB and special economic zones : ADB and the Greater Mekong subregion program