Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT)

The Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) collaboration was established at the 1st Ministerial Meeting (PTM) in Langkawi, Malaysia, on July 20, 1993. IMT-GT is intended to improve the welfare and economic growth of the community in the border regions -negara IMT-GT. Through IMT-GT cooperation, the private sector continues to be encouraged to become an “engine of growth”. For this purpose, a forum for entrepreneurs in the IMT-GT area called the Joint Business Council (JBC) has been formed. JBC is actively involved in the IMT-GT SOM / MM series every year.

The Indonesian territory that is part of the IMT-GT collaboration is the provinces: Aceh, Bangka-Belitung, Bengkulu, Jambi, Lampung, South Sumatra, Riau, Riau Islands, North Sumatra and West Sumatra

IMT-GT development

At the 5th IMT-GT Summit in Hanoi, Vietnam, on October 28, 2010, the IMT-GT leaders adopted the Joint Statement of the 5th IMT-GT Summit which included: the development of IMT-GT projects especially those relating to embodiment of sub-regional connectivity in supporting the ASEAN Connectivity, Mid-Term Review of the IMT-GT Roadmap 2007-2011, Business Process Review conducted by the Eminent Person Group (EPG), the importance of the role of the private sector and local government in IMT-GT development ADB as IMT-GT Development Partner, and cooperation with IMT-GT with Japan in the Economic Research Institute of ASEAN and East Asia (ERIA). Until now there have been 15 Senior Official Meetings (SOM) and Ministerial Level Meetings (MM) and 5 IMT-GT Summits.

IMT-GT Sub-Regional Connectivity

The 2nd IMT-GT Summit in Cebu, Philippines, 12 January 2007 has agreed to develop the IMT-GT Connectivity Corridor to be the center of economic activities that can encourage economic growth in the sub-region.

Implementation of the IMT-GT Connectivity Corridor concept in 5 (five) economic corridors which are considered the most potential and have relatively high traffic and need to be improved, namely: (i) Songkhla-Penang-Medan Economic Corridor economic corridor, (ii) Malacca Strait economic corridor , (iii) Banda Aceh-Medan-Dumai-Palembang economic corridor, (iv) Melaka-Dumai economic corridor and (v) Ranong-Phuket-Aceh economic corridor.

At the 4th Summit in Hua Hin, Thailand, on February 28, 2009 the IMT-GT leaders again stressed the importance of the construction of the IMT-GT Connectivity Corridors. Development of connectivity corridors needs to be included in national development planning. In addition, the IMT-GT leaders also saw the need to strengthen maritime transport links and trade through the Malacca Strait. In this case there have been 13 (thirteen) ports that are incorporated in the IMT-GT Coastal Network Joint Business Councils (JBCs).

IMT-GT has established IMT-GT Baseline Priority Projects Connectivity (PCPs) in order to improve connectivity in the IMT-GT area. Among projects within the framework of PCPs are the Sumatra Ports Development Project, Melaka-Dumai Economic Corridor Multimodal Transport Project, Melaka Pekanbaru Power Interconnection, and Development of Aceh Highway Facilities.

At the 5th Summit in Hanoi, October 2010, the IMT-GT leaders stated that PCPs can be concrete and visible building blocks for the ASEAN Master Plan on Connectivity.

Source : https://kemlu.go.id/portal/en/read/162/halaman_list_lainnya/indonesia-malaysia-thailand-growth-triangle-imt-gt

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