Asian Development Bank BIMSTEC Master Plan for Transport Connectivity

Annotation

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.