Economic Corridor Development (ECD) now at the forefront in promoting Sustained Growth in the SASEC Sub-region; India and Asian Development Bank (ADB) partnering on the economic corridor approach yields useful lessons on ECD, through their joint work on the East Coast Economic Corridor (ECEC).
India and Asian Development Bank (ADB) have been partnering on the economic corridor approach for some time now. Economic Corridor Development contributes to and stimulates economic development along the route. The economic corridor approach involves leveraging infrastructure connectivity and developing urban areas as growth centers and gateways, to unlock the full potential of markets.