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, Lao PDR, February 4, 2014—The World Bank Group and the Ministry of Public Works and Transport are reaching out to private and public sector investors for a public-private partnership aimed at... Show More + enhancing the traffic capacity of National Road 13, a two-lane highway that serves as the main north-south thoroughfare in Lao People’s Democratic Republic. The project aims to increase the volume of trade and tourism in the country and improve the lives of the people living along the route who will benefit from increased connectivity. Alongside the World Bank and IFC, the Public Private Infrastructure Advisory Facility, a multi-donor trust fund that provides technical assistance to governments in developing countries, initially supported the government by identifying this major roadway improvement project as a priority.Supported by IFC and the World Bank, the Ministry of Public Works and Transport is holding a workshop today to gain better understanding about public-private partn Show Less -
IDA Grant: US$21 million equivalentProject ID: P129347Project Description: The development objective of the additional financing is to improve road services on two main national corridors and the provincial... Show More + road network, to rehabilitate the roads damaged by Typhoon Ketsana, and to establish and create a contingency fund for quick disaster response in the road sector. Show Less -
Additional financing for Lao Road Sector Project Approved by World Bank Board WASHINGTON D.C., JULY 26 2012 – The World Bank Board of Executive Directors today approved US$21 million in additional grant... Show More + financing for the Lao Road Sector Project. The grant builds on the excellent progress of the original grant of US$27.8 million, which was approved in 2010.The newly approved financing augments the Bank’s support for the program which aimed at improving road services on two main national corridors and the provincial road network. The Lao Road Sector Project also works on rehabilitation of the roads damaged by Typhoon Ketsana and the establishment of a contingency fund for quick disaster response in the road sector in Lao PDR. “The additional financing grant is timely. It will support the scaling up of programs to advance road services in Laos and focus on increasingly important work on rehabilitation of roads damaged by natural disasters,” said Sombath Southivong, World Bank Team Le Show Less -