SASEC News

Compiled features on recent developments in regional cooperation and integration in the SASEC region.

Year:  

May 2017
Watch: Powering Asia in the 21st Century

The SASEC Vision lays out opportunities through industry linkages and regional trade:


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Tags:  SASEC 2025Regional CooperationTrade FacilitationTransportEnergyEconomic Corridor Development
 

April 2017
Bangladesh Wants to Be South Asia’s Transport Hub

Bangladesh has the potential to become a transport hub for India, Bhutan, Nepal, Maldives, Sri Lanka, and Myamar, according to Mr. AMA Muhith, Finance Minister, Bangladesh. Turning Bangladesh into a regional and transshipment hub would enhance economic cooperation and result in collective economic growth for the countries, Mr. Muhith said at the SASEC Finance Ministers’ Meeting in New Delhi, India.


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Tags:  BangladeshBhutanEconomic Corridor DevelopmentEnergyICTIndiaNepalMaldivesMyanmarSASECSouth AsiaSri LankaTrade FacilitationTransportRegional Cooperation
 

February 2017
Commentary: Connecting Asia's Growth Poles

Mr. Wencai Zhang, Asian Development Bank Vice President, discusses in this commentary how Asia’s growth poles will drive the global economy in the coming years, if South Asia, Southeast Asia, and East Asia can dynamically integrate their economies. He emphasized the urgent need to synch strengths across sub-regions—by removing non-tariff barriers, strengthening connectivity, and building economic corridors—to help erase poverty in the region.


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Tags:  ADBMyanmarBangladeshConnectivityEconomic Corridor Development
 

July 2016
SASEC Investment Projects Top $7.7 Billion

South Asia Subregional Economic Cooperation (SASEC) investment projects increased to a cumulative $7.66 billion in the areas of transport, energy, trade facilitation, and ICT with the recent approval of India’s Bihar New Ganga Bridge Project. To date, 40 SASEC-supported projects are helping member countries strengthen regional connectivity infrastructure, promote economic growth, and foster regional cooperation. In addition, there are now 71 technical assistance projects worth $66.14 mi
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Tags:  SASECEnergyTrade FacilitationTransportSouth AsiaADBICTBangladeshBhutanIndiaMaldivesNepalSri LankaEconomic Corridor Development

 

July 2016
ADB Blog: Why Economic Corridor Development is the Way Forward for South Asia

The economic corridor development (ECD) strategy is an approach that integrates and synergizes industry, infrastructure, and urbanization through meticulous planning over a long-term horizon. An Asian Development Bank (ADB) blog post by Mr. Hoe Yun Jeong, Senior Economist (Regional Cooperation), South Asia Regional Department, published on 26 July 2016, shares how an ECD approach can be beneficial for the South Asia region.


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Tags:  Economic corridorIndiaVizag-Chennai Industrial CorridorSouth AsiaEast Coast Economic CorridorEconomic Corridor DevelopmentBangladeshSri Lanka