Quang Tri takes advantage of East-West Economic Corridor to boost economic cooperation
Monday, April 3,2023AsemconnectVietnam - The East-West Economic Corridor (EWEC) is expected to help the central province of Quang Tri to boost economic development at border areas and become a logistics hub in Vietnam’s central region.
The EWEC, established in October 1998, passes through 13 provinces and cities of four countries including Vietnam, Laos, Thailand, and Myanmar, and is one of five economic corridors in the Greater Mekong Subregion (GMS). In Vietnam, the EWEC runs through three localities of Quang Tri, Thua Thien-Hue and Da Nang.
The National Highway 9 in Quang Tri province is the first part of the EWEC in Vietnam. The National Highway 9 and the National Highway 15D are expected to better link My Thuy seaport to La Lay and Lao Bao International Border Gates.
Lao Bao International Border Gate is part of EWEC. (Photo: VNA)
Lao Bao Special Economic and Commercial Zone, established in 1998 with a total area of more than 5,800ha, attracted 71 projects as of March 2023.
To ease the load on the EWEC route (National Highway 9) and increase regional connectivity, Quang Tri province is implementing the Cam Lo-Lao Bao Expressway project worth 7.7 trillion VND (328 million USD).
Source: VNA
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