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GMS PSD Strategic Action Plan

This strategic action plan focuses on infrastructure linkages, private sector participation, human resource development, and environment protection in the Greater Mekong Sub-Region (GMS). It discusses the context of current trends such as robotics, AI, and e-commerce, and highlights the strengths, weaknesses, threats, and opportunities for the GMS FRETA. The plan suggests key success factors, additional areas of focus, and immediate activities to achieve the vision of a more connected, competitive, and inclusive GMS.

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GMS PSD Strategic Action Plan

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  1. GMSPSD Strategic Action Plan

  2. GREATER MEKONG SUB-REGION CONNECTIVITY - COMPETITIVENESS - COMMUNITY Infrastructure linkages PS participation competitiveness Human Resource development Environment protection Cross-border trade, investment and tourism Infrastructure linkage

  3. GMS Hanoi Plan, Regional Investment Framework • ASEAN and ASEAN + • WTO TFA, Bali Package • FTAs: RCEP, TPP etc Context • Robotics, 3D printing • AI, Blockchain, Big data • IOT and smart devices • Medical, biotech etc. • Sharing economy • E-commerce, E-government • Fintech • revolutionary platforms

  4. Strengths • Member Chambers of Commerce • Appreciation of PS participation • Access to senior meetings & leaders • FRETA is a clear success • Weaknesses • Participation of other sectors than cross-border transportation (FRETA) • Underutilized brand • Under-resourced to engage private sector effectively. • Threats • Brand dilution without strong activities to support private sector • Not relevant if private sector is not engaged effectively through GMS BC • Competing alternatives • Opportunities • 4th industrial revolution • Programs to deepen regional dynamism and integration • Internal need for participation in regional and global value chains

  5. Key success factors of GMS FRETA

  6. Additional focus Deepen successes Engage businesses via GMS Biz Portal, new groups/activities Leverage other programs Support young/women entrepreneurs/MSMEs Mainstream technologies to raise competitiveness • Cross-border transport, trade and investment • Focus on GMS Focus Areas • Improve Business Environment • Deepen GMS sectoral synergy and value chains

  7. GMS Secretariat GMS BC GMS Governments Technical Assistance

  8. Budget • Extend GMS MBA • Digital economy, Fintech, Ecommerce • Renewable energy and energy efficiency solutions • Environment friendliy solutions • Tourism technology and promotion • Disaster risk preparedness and management • Cross border finance, logistics and supply chains • Smart city solutions High Technical assistance • Online and off line training and extending reach and effectiveness of MI training courses • Certification of GMS Training courses • Support young, woman and MSMEs • FRETA • GMS Business Portal/App • Leveraging technologies together with other partners • Admit young and women entrepreneur associations to GMS • Doing Business Indicator Benchmarking Low Time Short term (1-2 years) Medium/long term over 2 year)

  9. Suggested Immediate Activities for discussion/final decisions

  10. Link to detailed table/action planhttps://goo.gl/TybFrz

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