The Northeastern China actively started implementing customs facility modernization along with transport development projects since 2010. Countries which borders with the Northeastern China, Russia Far East, Mongolia and North Korea also joined cross-border infrastructure projects mostly initiated by China while Korea’s participation is still limited.
  The purpose of this paper is to investigate the recent cross-border infrastructure projects and the financial source in the Northeast Asia. In particular, this paper investigates the current status of transport, energy, customs construction projects, planned and implemented at the northeastern part of China which borders with the Russian Far East, Mongolia and North Korea.
  The characteristics of the recent cross-border infrastructure projects can be summarized as follows. At First, the recent implemented projects were mainly initiated and funded by China. Secondly, projects initiated and funded by China were better being implemented. Third, a majority of projects were initiated based on political reasons rather than economic feasibility.
  Cross-border infrastructure projects in Northeast Asia have produced limited results so far due to different national interest, but as economies in this region are highly complementary, infrastructure development is expected to gain momentum in the long run. In this aspect, the paper suggests to utilize all possible financial cooperation options which includes the GTI(Greater Tumen Initiative) scheme, an intergovernmental cooperation mechanism among four Northeast Asian countries as well as bilateral, existing funding cooperation scheme to further promote infrastructure projects in the region.