Mekong – RoK Business Forum 2017
Vientiane, Lao PDR
Promoting Small and Medium-sized Enterprises(SMEs) and Tourism, Food and Agricultural Industry in Mekong Countries and Republic of Korea
The establishment of the ASEAN Economic Community in December 2015 was an important milestone and has the potential to have a profound effect on regional and global value chains (R & GVC’s) and the ways businesses operate in Mekong countries. The Community’s vision of an ASEAN single market and production base presents significant opportunities for economic growth and development in the future, both for the Mekong countries and Republic of Korea. The Mekong region is comprised of five countries, namely Cambodia, Laos, Myanmar, Vietnam and Thailand.
The 5th Mekong – Republic of Korea Business Forum
In order to promote private sector investment and exchange, the Republic of Korea and the Mekong countries (Thailand, Cambodia, Laos, Myanmar and Vietnam) have established the ‘Mekong–Republic of Korea Business Forum’. The forum was first launched in 2013 in Bangkok, and successive events were held in Hanoi, Phnom Penh and Yangon in 2014 – 2016 respectively. The forum is an effective platform to connect Korean companies with businesses based in the Mekong countries. With support from the Republic of Korea, the Mekong Institute launches the ‘Mekong– Republic of Korea Business Forum’ in the Mekong countries to facilitate a more inclusive and broad-based integration of the regional economy. From 2017 to 2021, the Mekong Institute will facilitate the ‘Mekong– Republic of Korea Business Forum’ as an annual event to promote business network and investment among Korea and the Mekong countries.
The project will contribute to development results by way of rapid economic growth in the Mekong countries through enhancing the competitiveness of small and medium sized enterprises (SMEs) in the CLMVT countries. This will be achieved, in part, through market linkages with the Korean business and integration into regional and global value chains. The ultimate goal of this project is to support inclusive and more equitable development by supporting the integration of small and medium sized enterprises (SME) into regional and global value chains.
Here are some of our latest images taken from the event.