The Government of India announced the implementation of Quick Impact Projects in CLMV (Cambodia, Lao PDR, Myanmar, and Vietnam) countries at the 6th Mekong Ganga Cooperation (MGC) Ministerial Meeting held in New Delhi on September 4, 2012. It involved the establishment of an India-CLMV Quick Impact Projects (QIPs) Revolving Fund with an annual contribution of US$1 million. The India-CLMV Revolving Fund has since been revised twice, with it being increased to US $1.25 million following the India-Cambodia Joint Statement in 2018 and to the US $ 2 million following India-Vietnam Summit in 2020. Each QIP project costs not more than US$ 50,000/- The emphasis of QIPs is on short gestation high visibility projects with a normal gestation period of up to one year, which directly benefits the local communities with results that are immediate and visible. The type of projects under QIP includes the creation or up-gradation of physical infrastructure such as roads, local community centers, etc., and social infrastructures (including capacity building) such as in the education, health, sanitation, or community development sectors.

A total of 226 QIP Schemes have been initiated under the MGC Mechanism since their inception in FY 2015-16, of which sanctions have been issued for 199 QIP Schemes.  Out of these, 155 projects have been successfully completed, while 44 are at various stages of implementation.  Among the 199  sanctioned QIP  Schemes, 72 have been allocated to  Cambodia,  66 to Vietnam,  36 to Lao PDR, and  25 to Myanmar.  Cambodia  has completed 50 out of its 72 sanctioned projects,  Vietnam has  completed 56 out of 66, Lao PDR has completed 33 out of 36, and Myanmar  has  completed  16 out of 25 QIPs sanctioned to it  and  27  QIPs  are  under  Process  for Approval for Financial Year 2026-27.


Abstract of status of the Quick Impact Projects (QIP) as on 31st July 2026:-


Sr. No.

Country

Projects

Sanctioned

Projects

Completed

Under

Implementation

Under Process for Approval

(for FY 2026-27)

1.

Cambodia

72

50

22

07

2.

Lao PDR

36

33

03

10

3.

Myanmar

25

16

09

10

4.

Vietnam

66

56

10

0

Total

199

155

44

27


For detailed updated report please visit MGC-Media-Report-Sr. no. 21