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Press Release
Opening Opportunities for Participation: Procedures for Financial Assistance Under NEDA’’s Programs
By: NEDA Admin
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  • 17 March 2025

Opening Opportunities for Participation: Procedures for Financial Assistance Under NEDA's Programs

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Signing of the Letter of Intent between the Neighbouring Countries Economic Development Cooperation Agency (NEDA) and the Asian Infrastructure Investment Bank (AIIB)
On February 27, 2025, Mr. Perames Vudthitornetiraks, President of the Neighbouring Countries Economic Development Cooperation Agency (NEDA), signed a Letter of Intent (LOI) with Mr. Rodrigo Salvado, Director General of the Operational Partnership Department, representing the Asian Infrastructure Investment Bank (AIIB) during the Finance in Common Summit 2025 (FiCS 2025) in Cape Town, Republic of South Africa. The LOI serves as a framework outlining the cooperation between NEDA and AIIB in sustainable infrastructure development, aiming to advance regional development in alignment with the goals of the Association of Southeast Asian Nations (ASEAN) and the Sustainable Development Goals (SDGs). The cooperation is set within a five-year operational framework to drive long-term, impactful development initiatives.
28 February 2025
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The discussion between NEDA and representatives from AFD in Cape Town, South Africa.
On February 27, 2025, Mr. Perames Vudthitornetiraks, President of the Neighbouring Countries Economic Development Cooperation Agency (NEDA), held a bilateral discussion with Mr. Bruno Bosle, Director of AFD Mobilization & International Partnerships, in Cape Town, South Africa. The discussion focused on NEDA’s role, responsibilities, and operational conditions in infrastructure development cooperation within the Greater Mekong Subregion (GMS), exploring potential areas for future collaboration. Additionally, the NEDA President discussed with AFD representatives for the preparations of NEDA’s Board of Director visit to AFD’s headquarters in Paris, France, scheduled for March 2025.
28 February 2025
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NEDA Participates as a Keynote Speaker on “Innovative Technical Assistance: Driving Impact Through Global Cooperation” at the Finance in Common Summit (FiCS2025)
On February 26, 2025, Mr. Perames Vudthitornetiraks, President of the National Economic and Social Development Council (NEDA) (Public Organization), had the honor of being a Keynote Speaker at the Finance in Common Summit 2025 (FiCS2025), addressing the breakout session on "Innovative Technical Assistance: Driving Impact Through Global Cooperation."
28 February 2025
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NEDA attended the opening ceremony of the Finance in Common 2025 (FiCS2025) in Cape Town, Republic of South Africa
On February 26, 2025, Mr. Perames Vudthitornetiraks, President of the Neighbouring Countries Economic Development Cooperation Agency (Public Organization) (NEDA), attended the opening ceremony of the Finance in Common Summit 2025 (FiCS 2025) in Cape Town, South Africa. The event was presided over by H.E. Enoch Godongwana, Minister of Finance of the Republic of South Africa. FiCS serves as a key platform for Public Development Banks (PDBs), Multilateral Development Banks (MDBs), and Development Finance Institutions (DFIs) to exchange ideas and strategies for promoting sustainable development through financial cooperation mechanisms involving both the public and private sectors from across the globe.
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NEDA led the representatives from Bhutan and Cambodia on a study visit to Lao National Railways (LNR), Lao PDR
On February 19, 2025, the Neighbouring Countries Economic Development Cooperation Agency (Public Organization) (NEDA), led by Mr. Rapipit Promnart, Director of Policy and Planning Bureau, facilitated a visit for representatives from the Department of Surface Transportation, Ministry of Infrastructure and Transport (MoIT) of the Kingdom of Bhutan, and the Department of Railway, Ministry of Public Works and Transport (MPWT) of the Kingdom of Cambodia to observe the operations of Lao National Railways (LNR) in Lao PDR. This visit was part of the “Cross-Border Railway Development” study visit program and aimed to explore operational strategies, asset management, and approaches to enhancing international railway services through collaboration between LNR and Thai agencies.
20 February 2025
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NEDA led the representatives from Bhutan and Cambodia on a study visit to Department of Railway, Ministy of Public Works and Transpoort (MPWT), Lao PDR
On February 19, 2025, the Neighbouring Countries Economic Development Cooperation Agency (Public Organization) (NEDA), led by Mr. Rapipit Promnart, Director of Policy and Planning Bureau, facilitated a briefing session for representatives from the Department of Surface Transportation, Ministry of Infrastructure and Transport (MoIT) of the Kingdom of Bhutan, and the Department of Railway, Ministry of Public Works and Transport (MPWT) of the Kingdom of Cambodia. The session, held as part of the “Cross-Border Railway Development” study visit program, focused on the role of the Department of Railway, Ministry of Public Works and Transport (MPWT) of Lao PDR in developing the railway system between Lao PDR and Thailand.
20 February 2025
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