The East–West Economic corridor is an economic development program initiated in order to promote development and integration of 5 Southeast Asian countries, namely: Myanmar, Thailand, Laos, Cambodia and Vietnam. The concept was agreed upon in 1998 at the Ministerial Conference of the Greater Mekong Subregion, organized in Manila, the Philippines. This corridor became operational on December 12, 2006.
By using the East–West Economic Corridor, the travel time between Bangkok and Yangon is three days, compared with the two to three weeks needed for conventional marine transportation via the Straits of Malacca.[1]
Tariffs for Thailand, Cambodia, Laos, Myanmar and Vietnam will be abolished by 2018, all of have the cross-border transport agreement to simplify logistics and customs procedures. These 5 nations with combined population of 250 million, have US$32 billion trade with each other (2016).[2] India is individually negotiating a road vehicle agreement with these nations. Asian Development Bank study shows that the improved road and rail links, elimination of tariffs and non-tariff barriers, will result in a benefit of at least $568 billion to South Asian and South East Asian nations.[3]
Immigration and customsedit
All the border crossings from India, Myanmar, Thailand, Cambodia to Vietnam already have the integrated immigration and customs checkpost that also allow foreign tourists with evisas.[4]
Road highway upgradeedit
Road network from India to Vietnam exists, which is being upgraded. Bangkok to Cambodian Capital city of Phenom Phen road upgrade was already complete. Vietnam and Cambodia signed a MoU to upgrade the 195 km long Ho Chi Minh City and Phnom Penh highway. Second bridge to Mae Sot will open in 2018.[2]
Rail connectivity developmentedit
Rail network from India to Vietnam has several missing links, which are in the various stages of being planned or constructed.[2]
Galleryedit
A gate on the Thai side of the Thai-Myanmar Friendship Bridge, linking Myanmar's Kayin State with Thailand's Tak Province.
This bridge over the Mekong River connects Northeast Thailand and Southern Laos, an important transport project of the Corridor.
The Lao Bảo border gate (to Lao P.D.R) in Quảng Trị Province, Việt Nam.
A tunnel through the Hai Van mountain range in Vietnam opens the way to sea ports in the South China Sea.
^"Roads can convert Myanmar from economic void to hub- Nikkei Asian Review". Nikkei Asian Review. Retrieved 2017-09-08.
^ abcMekong region racing to bolster cross-border logistics, Nikkei, Sept 2017.
^Regional road and rail projects inching forward to facilitate greater linkage, The Nation, 5 October 2015.
^Overland Thai borders to Myanmar open to e-visa travellers, PhuketNews, 2016.
April 11, 2024
east, west, economic, corridor, east, west, economic, corridor, economic, development, program, initiated, order, promote, development, integration, southeast, asian, countries, namely, myanmar, thailand, laos, cambodia, vietnam, concept, agreed, upon, 1998, m. The East West Economic corridor is an economic development program initiated in order to promote development and integration of 5 Southeast Asian countries namely Myanmar Thailand Laos Cambodia and Vietnam The concept was agreed upon in 1998 at the Ministerial Conference of the Greater Mekong Subregion organized in Manila the Philippines This corridor became operational on December 12 2006 The economic corridor is created based on a road of 1 450 km with the west end at port city of Mawlamyine Myanmar crossing Kayin Division Thai provinces of Tak Sukhothai Phitsanulok Phetchabun Khon Kaen Kalasin and Mukdahan the Laotian province of Savannakhet and the Vietnamese provinces of Quảng Trị Thừa Thien Huế Province and Đa Nẵng city as the east end From Myanmar it is further connected to India via India Myanmar Thailand Trilateral Highway which is being upgraded with most part already completed and remaining upgrade will be completed by 2020 By using the East West Economic Corridor the travel time between Bangkok and Yangon is three days compared with the two to three weeks needed for conventional marine transportation via the Straits of Malacca 1 Contents 1 Corridor development 1 1 Economic impact 1 2 Immigration and customs 1 3 Road highway upgrade 1 4 Rail connectivity development 2 Gallery 3 References 3 1 See also 3 2 Citations 3 3 NotesCorridor development editEconomic impact edit Tariffs for Thailand Cambodia Laos Myanmar and Vietnam will be abolished by 2018 all of have the cross border transport agreement to simplify logistics and customs procedures These 5 nations with combined population of 250 million have US 32 billion trade with each other 2016 2 India is individually negotiating a road vehicle agreement with these nations Asian Development Bank study shows that the improved road and rail links elimination of tariffs and non tariff barriers will result in a benefit of at least 568 billion to South Asian and South East Asian nations 3 Immigration and customs edit All the border crossings from India Myanmar Thailand Cambodia to Vietnam already have the integrated immigration and customs checkpost that also allow foreign tourists with evisas 4 Road highway upgrade edit Road network from India to Vietnam exists which is being upgraded Bangkok to Cambodian Capital city of Phenom Phen road upgrade was already complete Vietnam and Cambodia signed a MoU to upgrade the 195 km long Ho Chi Minh City and Phnom Penh highway Second bridge to Mae Sot will open in 2018 2 Rail connectivity development edit Rail network from India to Vietnam has several missing links which are in the various stages of being planned or constructed 2 Gallery edit nbsp A gate on the Thai side of the Thai Myanmar Friendship Bridge linking Myanmar s Kayin State with Thailand s Tak Province nbsp This bridge over the Mekong River connects Northeast Thailand and Southern Laos an important transport project of the Corridor nbsp The Lao Bảo border gate to Lao P D R in Quảng Trị Province Việt Nam nbsp A tunnel through the Hai Van mountain range in Vietnam opens the way to sea ports in the South China Sea References editSee also edit Economic corridorCitations edit Greater Mekong Subregion Business ForumNotes edit Roads can convert Myanmar from economic void to hub Nikkei Asian Review Nikkei Asian Review Retrieved 2017 09 08 a b c Mekong region racing to bolster cross border logistics Nikkei Sept 2017 Regional road and rail projects inching forward to facilitate greater linkage The Nation 5 October 2015 Overland Thai borders to Myanmar open to e visa travellers PhuketNews 2016 Retrieved from https en wikipedia org w index php title East West Economic Corridor amp oldid 1181651956, wikipedia, wiki, book, books, library,
