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.

Abstract of status of the Quick Impact Projects (QIP) as on 30th April, 2026:-

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