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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IDA Credit: US $14.0 million equivalentTerms: Maturity = 40 years, Grace = 10 yearsIDA Grant: US $14.0 million equivalentProject ID: P145544Project Description: The objective of the project is to increase... Show More + coverage and improve the quality of early childhood education services for 3 to 5 year olds in target districts. Show Less -
Vientiane, February 8, 2013---The economy of Lao PDR, commonly known as Laos, is modernizing rapidly and this has important implications for the work skills that are needed. To find and keep a job, more... Show More + and more workers will need a broader set of skills and abilities, which go beyond the ability to read and write. In the future, workers will be asked to quickly learn how to operate new machinery, work in larger teams, and solve more complicated problems.Evolving job requirementsThese additional job requirements may come faster than expected, with Laos’ economy opening wider for trade. In addition, part of ASEAN’s goal of transforming itself into a single market means that it will allow skilled workers to look for jobs across the region by 2015.There are some signs that many of these changes have already taken place. In a recent World Bank survey in Laos, businesses said that their biggest constraint to growth was finding adequately educated workers.Equipping Lao workers with such skill Show Less -