Vientiane-hanoi Expressway Project

Masahito Ambashi

in Books from Economic Research Institute for ASEAN and East Asia (ERIA)

Abstract: The Vientiane–Hanoi Expressway (VHE) has been one of the most anticipated transportation projects between Lao PDR and Viet Nam. This report (1) explores the potentiality of the corridor between Hanoi and Vientiane as designated by the Greater Mekong Subregion Economic Development Program; (2) illustrates impacts on economies and industries of Lao PDR and surrounding countries of the VHE; (3) sets out industrial development strategies for Lao PDR, Viet Nam, and Thailand that take maximum advantage of the VHE; and (4) suggests appropriate financial mechanisms to construct the VHE. Thus, this report focuses on how Lao PDR and neighbouring countries can benefit from the expressway by strengthening relevant industries and forming a Bangkok–Vientiane–Hanoi industrial corridor from the perspective of global value chains and production networks developed in the Mekong region.

Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:era:eriabk:2018-rpr-03

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