BIMSTEC Master Plan for Transport Connectivity

Download or read book BIMSTEC Master Plan for Transport Connectivity written by Asian Development Bank and published by Asian Development Bank. This book was released on 2022-03-01 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Master Plan presents a comprehensive 10-year strategy and action plan for improving the subregion’s transport linkages across the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) member states. It is intended to guide actions and promote synergies among various connectivity frameworks and help achieve sustainable development of the region. A specific framework is presented here for organizing a set of policies, strategies, and projects toward realizing a shared vision of peace, prosperity, and sustainability. With BIMSTEC’s unique geographical position as a bridge linking South and Southeast Asia, this document is also relevant to its neighboring regions. BIMSTEC was established as a regional organization in June 1997 to promote free trade within the region, increase cross-border investment and tourism, and promote technical cooperation.