Home / International / Opinion Tools: Save | Print | E-mail | Most Read | Comment
Mekong Center: Asia's new hub
Adjust font size:

The area known as the Mekong Center Thailand, Vietnam and Laos is gradually coalescing into a single economic zone. It could become Asia's hottest region. Here's why:

Vietnam is the second-fastest growing economy in the world, behind China.

Thailand, Vietnam and Laos are functioning as a single economic region, thanks to highways and other infrastructural creations over the past decade and to a powerful new spirit of cooperation among the three countries.

Over the past several years, roads and highways connecting Thailand, Vietnam and Laos have made it economically efficient to ship goods between the countries overland.

Previously, a real manufacturing connection was unthinkable due to the cost of shipping by air or sea. Now a plant in northern Thailand can ship directly to places like Da Nang by road.

It may not seem like much, but this has connected a region that heretofore was three distinct if not rival countries, all three bordering one another.

The total population is 155 million, about half that of the United States, teeming in a land mass of 1,072,255 sq km slightly less than two states of Texas side by side.

The advantages are numerous. A company can have two factories share product inventory, parts, design and other supplies. If there are production problems, including plant shutdown, there is back-up production capability.

Trading house Mitsui & Co sees the region as having the collaborative potential that many talk about with ASEAN, but with real practical benefits that the formal organization has only discussed.

1   2   3    

Tools: Save | Print | E-mail | Most Read
Pet Name
China Archives
Related >>
- Mekong youths show vivid ideas, strong responsibility
- China reinforces commitment to boost Mekong co-op
- Cooperation is key to helping Mekong region
Most Viewed >>
- Kim Jong Il meets Xi Jinping
- Bush meets with Wang Qishan
- Shanghai Cooperation Organization is gaining clout
- Sino-Russian cooperation to be expanded
- Chunxiao oil field's sovereign rights belong to China
> Korean Nuclear Talks
> Reconstruction of Iraq
> Middle East Peace Process
> Iran Nuclear Issue
> 6th SCO Summit Meeting
- China Development Gateway
- Foreign Ministry
- Network of East Asian Think-Tanks
- China-EU Association
- China-Africa Business Council
- China Foreign Affairs University
- University of International Relations
- Institute of World Economics & Politics
- Institute of Russian, East European & Central Asian Studies
- Institute of West Asian & African Studies
- Institute of Latin American Studies
- Institute of Asia-Pacific Studies
- Institute of Japanese Studies