- SASEC Regional Transmission Master Plan
The Asian Development Bank has approved technical assistance of $500,000 for SASEC member countries to develop a comprehensive long-term regional transmission master plan for the region to more effectively coordinate power generation and transmission. The project aims to improve the planning and coordination capacity of SASEC countries to foster cross-border power trading.
- South Asia needs $2.5 trillion investment to close infrastructure gap
According to a new report, “Reducing Poverty by Closing South Asia’s Infrastructure”, closing the gap of South Asia’s development goals and its capability to attain these goals will require investment of $2.5 trillion over the next decade. One third is projected to be spent on transport infrastructure, one third on energy, and the remaining one third on water supply and sanitation, solid waste management, telecommunications, and irrigation.
- The Political Economy of Asian Regionalism
This book reviews the political economy of Asia's economic cooperation and integration and focuses on the innovations needed for current institutional reform in the region. It analyzes Asian regionalism after the global financial crisis including free trade agreements. The book also discusses the possible formation of a region-wide economic community.
- BIMSTEC Visits Trilateral Highway Project
BIMSTEC senior officials visited the Myawaddy-Kawkareik Road Project in Myanmar on 20 March 2014, at the southeastern end of the Trilateral Highway connecting India, Myanmar and Thailand. The $38 million Government of Thailand-financed project is upgrading and constructing 45.5 kilometers of national highway, and rehabilitating the Myanmar-Thailand Friendship Bridge.