Following the launch of the Mekong - ROK partnership in 2011, the MKCF was established in 2013 to encourage and support cooperation in six priority areas* outlined in the Han River Declaration of 2011.
*Six priority areas: 1. Infrastructure, 2. Information Communication Technology (ICT), 3. Green Growth, 4. Water Resource Development, 5. Agriculture and Rural Development, 6. Human Resource Development
It was agreed among five Mekong countries (Cambodia, Lao PDR, Myanmar, Viet Nam and Thailand) and the ROK that the MKCF will be financed through an annual contribution from the ROK to MI and will be managed by MI in accordance with the Terms of Reference (TOR) adopted at the 3rd Mekong – ROK Foreign Ministers’ Meeting in July 2013 in Bandar Seri Begawan, Brunei Darussalam. Moreover, at the 5th Mekong – ROK Foreign Ministers’ Meeting in August 2015 in Kuala Lumpur, Malaysia, the Ministers recognized the need for a more efficient management of the MKCF and agreed to task MI to act as a Coordinator for the MKCF.
The Fund provides a grant for projects that are of regional in nature*. Such project is aligned with the priorities of the country to address national issues that facilitate the regional integration process. It can be implemented in a single country. However, benefits should be shared among the countries in the Mekong region and the ROK.
Eligible Requirements: Government departments, Non-governmental organizations, academic institutions, think tanks and training institutes from Cambodia, Lao PDR, Myanmar, Viet Nam, Thailand (CLMVT) and the ROK can submit requests for funding.
Budget / Duration: The contribution of the Fund per project proposal is 200,000 USD - 500,000 USD per year. The time frame of a project should be more than 6 months and less than 3 years.
Announcement: Call for concept notes are normally made in January each year, shortlisted concept notes are requested to submit full proposals within two months. The approval process takes at least 5-6 months.
The Fund provides grants to support catalytic and innovative activities in the six priority sectors: (1) Infrastructure, (2) Information Communication Technology (ICT), (3) Green Growth, (4) Water Resource Development, (5) Agriculture and Rural Development, and (6) Human Resource Development.
|Sector||Examples of the projects|
|Infrastructure||Capacity building on regional project management related to infrastructure (road, power communication, etc.)|
|Information Communication Technology (ICT)||
Use of ICT for regional disaster risk management/climate change adaptation (e.g. early warning system)
Estimation of crop production with ICT
Regional agriculture market information system
|Green Growth||Projects related to Environmental and resource productivity, The natural asset base, the Environmental dimension of quality of life, Economic opportunities and policy responses, etc.|
|Water Resource Development||
Regional water resources management
Infrastructure development related research (e.g. the regional effects of hydropower development)
|Agriculture and Rural Development||
Developing a regional agricultural value chain
|Human Resource Development||
Promoting regional trade and investment
Promoting regional cooperation in education and skill development
Facilitating safe labor migration within the GMS
Strengthening regional institutional linkage and mechanisms for regional cooperation
Building Cooperative Alliance for Technical and Vocational Education and Training (TVET) / Career and Technical Education (CTE)
Capacity building for SMEs and entrepreneurs to create job opportunity and facilitate successful trade and investment in the GMS