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Erschienen in:
2013 | OriginalPaper | Buchkapitel
What is the Cross-Border Transport Agreement (CBTA)?
verfasst von : Masami Ishida
Erschienen in: Border Economies in the Greater Mekong Subregion
Verlag: Palgrave Macmillan UK
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Connecting the two metropolises in the Greater Mekong Subregion (GMS), Bangkok and Hanoi, by land route has drawn the attention of a lot of businessmen in East Asia. The Greater Bangkok Area has developed multilayered industrial clusters of automobile industries and the electrical & electronics industries from the upstream to the downstream since the beginning of the 2000s. The Greater Hanoi Area has also succeeded in attracting foreign direct investment from the motorcycle industry and precision industries during the boom of the “China plus one” strategies of firms that was widespread in the Asian NIEs and in Japan. In addition to that, however, it should be stressed that only three or four days are needed for land travel between Bangkok and Hanoi, while it takes 10 days or two weeks by sea (Ida et al. 2006, pp. 8–25; JETRO 2009, pp. 97–127).