Tiigp 2 Laos

The Second Greater Mekong Subregion Tourism Infrastructure for Inclusive Growth Project (TIIGP 2) is designed to help transform secondary GMS central and southern corridor towns into economically inclusive, competitive international tourism destinations by improving road and water transport infrastructure, urban environmental services, and capacity to sustainably manage tourism growth. It will boost trade in services and deepen regional cooperation and integration among the GMS and Association of Southeast Asian Nations (ASEAN). About residents are expected to directly benefit from climate-resilient infrastructure development and increased access to economic opportunities. The project will increase Cambodia and Lao PDR’s share of ASEAN’s international visitor arrivals from 8.0% to 8.3% and project areas will receive more international tourists. This will increase aggregate annual visitor expenditure from $0.55 billion to $0.91 billion.