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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VIENTIANE, Laos, June 18, 2011 --The World Bank and AusAid organized the Young Entrepreneurial Marketplace Competition, a contest where young Laotians could pitch their business ideas and turn these into... Show More + reality over the next year. Candidates stood a chance at winning $5,000.00 and mentorship from the Young Entrepreneurs Association of Lao PDR. 212 proposals- covering business ideas about tech, farm products, and more - were submitted.Meet the 11 teams who emerged as winners of the competition:Teaching Computer SkillsTuny Inthanongsak, Apple Inthanongsak, and Sidavanh Thammavong“Information technology (IT) is rapidly growing in Laos. We’ve been working with computers and electronics for nine years and know how IT can be used in all work and help generate income. This is why we want to set up a training center for students, teachers, and local people from Dongkhamxang Village (Vientiane) who want to gain IT skills.”Empowering Women with HIV to Make and Sell HandicraftsPhennapha Phommach Show Less -
June 1, 2007—Lao PDR is bringing a watchful eye, backed up by new environmental funding and enforcement, to its rich and diverse but threatened natural resources.To protect its vast forests and many species... Show More + of exotic animals, the government has embarked on an ambitious program of environmental monitoring and management with help from the World Bank, other donors, civil society and NGO partners, and private developers.The newly published “Environment Monitor” describes a series of actions Lao has initiated to manage its resources sustainably. Lao PDR Country Director Ian C. Porter encouraged the Government and civil society to implement these actions to ensure the country “beats the resource curse.”“We are at a crucial point,” Porter said in a speech in Vientiane, the capital. “As it develops, Lao PDR [People’s Democratic Republic] has the opportunity to use its natural resources to spur economic growth in a sustainable way, ensuring environmental and social impacts are well Show Less -