GMS PSD Strategic Action Plan 1 Crossborder trade

GMS PSD Strategic Action Plan 1

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

Context Deeping economic integration • • Robotics, 3 D printing AI, Blockchain, Big data IOT and smart devices Medical, biotech etc. Technology mega trends • GMS Hanoi Plan, Regional Investment Framework • ASEAN and ASEAN + • WTO TFA, Bali Package • FTAs: RCEP, TPP etc • Sharing economy • E-commerce, Egovernment • Fintech • revolutionary platforms New business models/plaforms 3

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Strengths Weaknesses - Member Chambers of Commerce - Appreciation of PS participation - Access to senior meetings & leaders - FRETA is a clear success - Participation of other sectors than cross-border transportation (FRETA) - Underutilized brand - Under-resourced to engage private sector effectively. Opportunities Threats - 4 th industrial revolution - Programs to deepen regional dynamism and integration - Internal need for participation in regional and global value chains - Brand dilution without strong activities to support private sector - Not relevant if private sector is not engaged effectively through GMS BC - Competing alternatives 5

Key success factors of GMS FRETA Leaders Champions Technical Assistance Biz interest GMS FRETA 6

DEEPEN SUCCESSES ADDITIONAL FOCUS üCross-border transport, trade and investment üFocus on GMS Focus Areas üImprove Business Environment üDeepen GMS sectoral synergy and value chains üEngage businesses via GMS Biz Portal, new groups/activities üLeverage other programs üSupport young/women entrepreneurs/MSMEs üMainstream technologies to raise competitiveness 7

GMS Secretariat GMS BC GMS Governments Secretariat with staff in each country Technical Assistance More resources More members and programs 8

GMS Focus Area GMS BC PSD Focus Transport and trade facilitation GMS FRETA collaboration: Digital platform, transit bonds, Initial Implementation of CBTA etc. Energy Promoting renewable energy and energy efficiency solutions Agritech and cross border supply chains Agriculture Environment Tourism Smart city and environment friendly solutions and disaster risk preparedness and management Promotion of technology and MTCO (info. on service providers on the map) GMS as one destination (travel and food safety issues) 9

GMS Focus Area GMS BC PSD Focus Urban and border SMART City Solutions and cross border logistics area development Human Resources Developments E-commerce Others Certification of GMS training courses, GMS MBA, ASEAN TOT, Extend MI training course reach and effectiveness, combine online and offline training and ed Tech. , GMS CMA Digital economy, cross border finance, fintech Support young and women entrepreneurs and MSMEs GMS Business Portal/App Doing Business Indicator Benchmarking 10

Budget High - 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 Technical assistance Low - FRETA - GMS Business Portal/App - Leveraging technologies together with other partners - Admit young and women entrepreneur associations to GMS - Doing Business Indicator Benchmarking - Online and off line training and extending reach and effectiveness of MI training courses - Certification of GMS Training courses - Support young, woman and MSMEs Time Short term (1 -2 years) Medium/long term over 2 year) 11

Suggested Immediate Activities for discussion/final decisions Features/Criteria • Quick, easy & inexpensive • Significant and tangible • Visible, leading & participatory Activities (Max 3) • GMS Business Portal/Application • Technical assistance to strengthen GMS BC • Doing Business Indicator Benchmarking 12

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Link to detailed table/action plan https: //goo. gl/Tyb. Frz 14