The project will help pave the way for increased international connectivity and support the country’s efforts to join the WTO, ASEAN, and other regional and global trade agreements.
The expansion of the Presidente Nicolau Lobato International Airport will boost the safety of the airport and attract more airlines, and as a result, more passengers and cargos to the airport.
But overall outlook for developing Asia is showing improvement.
Technology now plays a bigger role on how the public and private sectors are collaborating.
The Regional Comprehensive Economic Partnership groups the 10 ASEAN member states and its 5 regional partners: Australia, the People’s Republic of China, Japan, Republic of Korea, and New Zealand.
ADB launches hackathon to find digital solutions to revive tourism in Southeast Asia.
Technology should be used to enhance the sector’s competitiveness, facilitate growth, and develop sustainable tourism.
Helping MSMEs should top Southeast Asian countries’ policy agenda as they try to restart their economies.
The forum will also look at the role of digitalization to stabilize the regional economy.
The new initiatives include creating an ASEAN Center for Public Health Emergencies and Emerging Diseases.