Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) cooperation was established in the 1st Ministerial Meeting (PTM) in Langkawi, Malaysia, on July 20, 1993. IMT-GT is aimed at improving the welfare and economic growth in the border area of IMT-GT countries. Through the IMT-GT cooperation, the private sector is encouraged to be "engine of growth". For this purpose, a forum for entrepreneurs in the region called IMT-GT Joint Business Council (JBC) was established. JBC actively involved in a series of SOM / MM IMT-GT every year.
Indonesian territory that became part of the IMT-GT cooperation are the provinces: Aceh, Bangka-Billiton, Bengkulu, Jambi, Lampung, South Sumatra, Riau, Riau Islands, North Sumatra and West Sumatra
Development of IMT-GT
In the 5th IMT-GT Summit in Hanoi, Vietnam, dated October 28, 2010, the leaders adopted the IMT-GT Joint Statement of the 5th IMT-GT Summit which, among other things, contains about: IMT-GT development projects especially those associated with embodiment of the sub-regional connectivity in support of ASEAN Connectivity, Mid-Term Review of the IMT-GT Roadmap 2007-2011, Business Process Review conducted by the Eminent Persons Group (EPG), the importance of the role of private and local government in the development of IMT-GT, the role ADB as the IMT-GT Development Partners, and cooperation with the IMT-GT with Japan in the Economic Research Institute of ASEAN and East Asia (ERIA). Until now the Senior Officials Meeting (SOM) and Ministerial Meeting (MM) have been held 15 times and the IMT-GT Summit 5 times.
IMT-GT Sub-Regional Connectivity
Summit of the 2nd IMT-GT in Cebu, Philippines, January 12, 2007 have agreed to develop the IMT-GT Connectivity Corridor to become the center of economic activity that can encourage economic growth in the sub-region. Implementation of the concept of IMT-GT Connectivity Corridor in 5 (five) economic corridors which is considered the most potent and has a relatively high traffic and need to be improved, namely: (i) economic corridor Medan-Penang-Songkhla Economic Corridor, (ii) Economic Corridor Strait of Melaka , (iii) Economic Corridor Banda Aceh-Medan-Dumai-Palembang, (iv) economic corridor Melaka-Dumai and (v) economic corridor Ranong-Phuket-Aceh.
At the 4th Summit in Hua Hin, Thailand, February 28, 2009 the leaders of the IMT-GT re-emphasize the importance of development of IMT-GT Connectivity Corridors. Development of connectivity corridors need to be incorporated in national development planning. In addition, the leaders of the IMT-GT also see the need to strengthen maritime transport and trade links through the Straits of Melaka. In this case there have been 13 (thirteen) ports incorporated in the Joint Business Councils (JBCs) IMT-GT Coastal Network.
IMT-GT has set the IMT-GT Baseline Connectivity Priority Projects (PCPs) in order to improve connectivity in the IMT-GT areas. Among the projects within the framework of PCPs are Sumatra Ports Development Project, Melaka-Dumai Economic Corridor Multimodal Transport Project, Melaka Pekanbaru Power Interconnection, and the Development of Aceh Highway Facilities. At the 5th Summit in Hanoi, October 2010, the leaders of the IMT-GT stated that PCPs can become concrete and visible building blocks for the Master Plan on