Over half a century ago, Lao PDR began its journey to become a modern nation and committed itself to long-term development ambitions. It has delivered electricity, schools, roads, and has become an important energy exporter.
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Conference on Mining and Community Development in Lao PDR takes place in VientianeVientiane, September 19, 2011 – The Ministry of Energy and Mines of Lao PDR – in collaboration with Phu Bia Mining Ltd,... Show More + MMG LXML Sepon, and the World Bank – organized the Conference on Mining and Community Development in Lao PDR: Community Development Funds. During the conference, participants from government, private sector, civil society and international agencies studied international and local experiences with community development funds related to the mining industry and discussed how the legal and regulatory requirements for community development funds could help ensure effective benefit sharing mechanisms.In recent years, the prices of many minerals have reached unprecedented levels allowing solid profits to investors and important revenue to government. Mining projects all over the world are increasingly expected to deliver sustainable benefits to local, regional, and national stakeholders. Show Less -