The Government of Japan has contributed approximately 1.4 Million USD to the ACMECS Development Fund

        The Government of Japan has become the first ACMECS development partner to contribute 1,388,888 USD to the ACMECS Development Fund.
        With this assistance, projects to support the business community and SMEs amidst the COVID-19 pandemic will be implemented in all Mekong countries which are also member of ACMECS. In Thailand, a project to promote intraregional collaboration among SMEs in four targeted industries namely, agro-industry, automotive-industry, plastic/bioplastic industry, and electronic and electrical appliance industry will be implemented.
        Japan's support for ACMECS is expected to underpin SMEs, which account for a large share of the economic activity in the Mekong sub-region, and contribute to the recovery of the local economies, which have been hit severely by the COVID-19 pandemic.
        This support will help accelerate the realization of “Vibrant and Effective Connectivity”, one of the three pillars of the Tokyo Strategy 2018 for Mekong-Japan cooperation.
(Reference) Tokyo Strategy 2018 for Mekong-Japan cooperation
The Tokyo Strategy 2018 for Mekong-Japan cooperation, adopted at the 10th Mekong-Japan Summit meeting in 2018, has three pillars: (1) Vibrant and Effective Connectivity, (2) People-Centered Society, and (3) Realization of a Green Mekong. To realize "Vibrant and Effective Connectivity," Japan has been identifying challenges and solutions in each of Hard Connectivity, Soft Connectivity, and Industrial Connectivity, and has been providing support in line with the Strategy.