Bilateral development assistance
Non-DAC members
PM Modi proposes joint task force on extension of India-Myanmar-Thailand trilateral highway
Prime Minister Narendra Modi on September 8 proposed a joint task force on connectivity to work on extension of India-Myanmar-Thailand trilateral highway to Cambodia, Laos and Vietnam, while also proposing to enhance the ASEAN-India Fund with an additional grant of US $ 50 million. Speaking at ...
India gives Vietnam $680 million for defence spending
India said on September 3 it is giving Vietnam US$500 million in credit to boost defence ties, the latest security deal between the two nations seeking to counter Beijing’s muscle-flexing in the South China Sea. Indian Prime Minister Narendra Modi made the announcement during a visit ...
India approves CLMV fund
The government of India yesterday approved the creation of a project development fund of about $75 million to help Indian firms invest in Cambodia, Laos, Myanmar and Vietnam ‒ the so-called CLMV countries. “The project development fund will benefit India’s industrial community in terms of business ...
No progress on new Vientiane-Champassak highway
One year has passed but the new Vientiane-Champassak highway survey and design has not progressed following a Chinese company signing an agreement with the Ministry of Public Works and Transport. “We are now writing a letter to the company informing them that if they cannot perform ...
Chinese-built bridge opens in Phnom Penh
A new Chinese-built bridge in Cambodia’s capital opened for public use on 22 October, having taken about three years to complete at a cost of $27.5 million. Keep reading ...
