SASEC News

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

Year:  

January 2017
Railway Network Linking India and its Neighbors Under Consideration

A railway network linking India and its neighboring countries, Bangladesh, Bhutan, Myanmar, and Nepal, is being considered by the Government of India, according to India Railway Minister Suresh Prabhu. Developing railway connectivity will increase employment, interaction, trade, and tourism.


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Tags:  IndiaRailBangladeshBhutanMyanmarNepalTradeTrade FacilitationTransportTourismEmployment
 

January 2017
Sri Lanka Seeks to Attract Foreign Investment, Boost Exports

The Government of Sri Lanka aims to attract $50 billion in foreign investment in the next 5-10 years to help develop infrastructure, and boost exports to $20 billion by 2020. This year, Sri Lanka expects to sign free-trade deals with India, Singapore, and China.


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Tags:  Sri LankaExportsIndiaChinaFree Trade AgreementBIMSTECTourism
 

September 2016
ADB Approves $1.5 Billion Railway Project for Bangladesh

The Asian Development Bank has approved a multitranche loan of $1.5 billion to the Government of Bangladesh for construction of a key section of the Chittagong-Cox’s Bazar railway line—the largest ever investment in railways by ADB. The new line will improve Bangladesh’s access to Myanmar and beyond, facilitate trade, and boost tourism in southeastern Bangladesh.
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Tags:  BangladeshMyanmarRailConnectivityTransportTradeTourism
 

June 2016
Bhutan Air Connectivity Project to Upgrade Domestic Airports

Bhutan is upgrading three domestic airports—Bumthang, Gelephu, and Yonphula—to enhance their capacity, safety, and efficiency. The Asian Development Bank is providing additional financing for this SASEC project, to further strengthen safety and security, and improve passenger convenience and service at these airports.


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Tags:  BhutanAirportsTransportTourism
 

December 2015
Commentary: South Asia Could Be Linchpin for Regional Integration

South Asia is set to play a strategic role in Asian integration. This commentary by Mr. Ganeshan Wignaraja, Advisor in the Asian Development Bank’s Economic Research and Regional Cooperation Department, shares how linking emerging South Asia with the more developed member countries of the Association of South East Asian Nations will transform regional economies through development of regional connectivity, and create a huge regional market of 2-3 billion people.


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Tags:  South AsiaEconomic corridorDevelopmentASEANSoutheast AsiaEast AsiaTrade FacilitationTransportTourismmanufacturingBangladeshBhutanIndiaMaldivesNepal
 

October 2015
E-Permit for Indian Visitors to Bhutan under Consideration

A meeting between Bhutan Tourism Board officials and India's State Tourism Secretary Ajit Ranjan Bardhan discussed ways to improve links between Bhutan and India, including introducing an online entry permit system for Indian visitors and easing immigration checks. Bhutan agreed to consider providing online permits by 2016, said Secretary Bardhan.
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Tags:  ICTIndiaBhutanTourism