PM: harness the Mekong region’s economic power
The Greater Mekong Sub-region has the potential to become a major global production center due to its favorable geographical location and its proximity to economic powerhouses in both Southeast and South Asia, Prime Minister Hun Sen said on October 25. Speaking in Hanoi at the opening of the World Economic Forum on the Mekong Region (WEF Mekong), Mr. Hun Sen said: “By 2030, all five countries in the GMS [Cambodia, Thailand, Vietnam, Laos, and Myanmar] will have a population of 260 million.” “This is a collective, active and youthful workforce in a region that is located in the heart of ASEAN with land and sea routes connecting it to rapidly growing economies in China and India,” he said. Because of its strategic geographical location, Mr. Hun Sen added, the GMS can be an effective and competitive production network in regional and global market value chains.
