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THE GMS ECONOMIC CORRIDORS

The development of economic corridors is becoming an important strategy for accelerating economic growth and integration in the GMS. Transport routes, which provide the backbone for such corridors, are effectively connecting production units and markets, thus stimulating economic activity, and creating a more conducive environment for growth. Over the years, several industrial clusters have emerged along the corridors to take advantage of strategically located transport routes as well as access to important seaports. Economic corridors have helped GMS countries to position itself as important players in the global markets.

Economic corridors are geographic spaces that traverse national ...

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