Connectivity

The mandatory reporting starts this year and is in line with initiatives to enhance the transparency of the country's carbon accounting.

The 4th BIMP-EAGA ROK Senior Officials Meeting in July approved 11 projects for funding under the third grant cycle of the BIMP-EAGA–Republic of Korea Cooperation Fund (BKCF).

The scheme provides a maximum of 5,000 ringgit ($1,075) per applicant for website development, use of booking engines, online advertising, and content production.

A smart system will deploy low-carbon buses to serve the transport needs of a growing population.

The subregion is well-positioned to promote village tourism to help spur development in remote and less developed areas in member countries. 

One of the least developed provinces in the Philippines, Tawi-Tawi needs internet connectivity to help unlock its economic potential.

The leaders touted BIMP-EAGA’s achievements and resilience after almost 3 decades of cooperation.

Priority projects include renewable energy, green enterprises, sustainable tourism, low-carbon transport, and high-quality agro-fisheries production.

Leaders want countries to brace for headwinds from COVID-19, supply chain disruptions, food shortage, climate change, and other threats.

The landmark agreement paves the way for more destinations, flight frequencies, and travel options as well as cargo services between Southeast Asia and Europe.