Conference on Vietnam-Laos-Cambodia development triangle

Representatives from Vietnam, Laos and Cambodia have gathered at a conference in Vientiane, Laos to discuss measures to strengthen cooperation in developing the triangle region between the three countries.

The implementation of Japanese-funded projects to develop the triangle region is also under discussion.

Last year, the government of Japan announced an aid package of US$20 million to fund some projects in the triangle region, which mostly focused on developing human resources and boosting economic development.

Of the aid package, Vietnam received US$3.5 million, Laos and Cambodia US$7.5 million each and the remaining money was went to research and survey activities.

Participants also dealt with some issues such as the organizing and managing transport services in the East-West Corridor, supporting efforts to overcome the negative impact of the global financial crisis and coping with climate change and calamities in Vietnam, Laos, Cambodia and Myanmar.

They proposed that the government of Japan encourage Japanese enterprises to actively partcipate in a cooperative programme with the three countries.

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