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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Bank Group ContributionThe World Bank acted as the trust fund administrator and contributed additional resources for product supervision.Partners ContributionThe total cost of the project was $ 7.6 million... Show More + and was financed through a multi donor partnership.The National Implementation Unit, under the Department of Planning and Cooperation (of the Ministry of Industry and Commerce), was responsible for coordinating activities financed by the project.The Ministry of Industry and Commerce, along with development partners, established the Trade Development Facility as the principle mechanism for financing the implementation of the trade and integration action matrix via a Multi Donor Trust Fund. The trust fund consisted of the contributions from the European Union, Australia, and GermanyMoving ForwardLao PDR now has the key building blocks to manage and implement an effective aid-for-trade program. It has an enlarged capacity and is largely motivated for the next phase of the program Show Less -
The newly signed grant compliments the World Bank’s support to improving the efficiency and effectiveness of customs administration in Lao PDR through simplification and automation of customs processes... Show More + and procedures.Vientiane, June 14, 2013 – The Vice Minister of Finance of Lao People’s Democratic Republic, H.E. Santiphab Phomvihane and the World Bank Country Manager for Lao PDR Keiko Miwa, signed today a grant agreement in the amount of US$6.5 million to further support the Customs and Trade Facilitation Project in Lao PDR. The grant builds on the achievements of the original International Development Association (IDA) grant of US$6 million, which was approved in 2008.“This additional financing grant is timely. It will contribute to further improvement of customs administration and efficiency of customs processes in Lao PDR”, said Mr. Santiphab Phomvihane. “The project supports Government objectives in achieving high rate of economic growth that can translate into meaningful poverty Show Less -
The World Bank, Food and Agriculture Organization, and International Rice Research Institute produced the Lao PDR: Rice Policy 2012 report. This study is a first attempt to analyze rice sector in Lao PDR,... Show More + also commonly known as Laos, through an in-depth analysis which combines technical aspects of rice production with a broad-based socio-economic analysis. The Lao government commissioned the report.Key FindingsLao rice production has been increasing significantly since the early 1990s. It was driven by area expansion and increase in yields. Rice production in Laos has more than doubled over 1991–2011, and reached around 3.3 million tons of paddy in 2011.While Laos has still one of the highest per capita annual rice consumption levels in the world, there is evidence that it had reached the peak in mid-2000s and is now on a declining trend. A significant portion of the population of Laos is already located past the maximum rice per capita consumption level and this trend has b Show Less -
WASHINGTON, May 28, 2013 – The World Bank Board of Executive Directors today approved US$6.5 million in additional grant financing for the Customs and Trade Facilitation Project in Lao PDR. The grant builds... Show More + on the achievements of the original International Development Association (IDA) credit of US$6 million, which was approved in 2008.The newly approved financing compliments the Bank’s support for the program which is aimed at improving the efficiency and effectiveness of customs administration and simplifying customs processes and procedures to eliminate duplication, redundancy, reduce transaction costs and time to clear goods. The Customs and Trade Facilitation Project also aims to support government objectives in achieving high rates of economic growth that translate into meaningful poverty reduction, increased transparency and accountability.The Customs and Trade Facilitation Project forms part of an ambitious and integrated country trade program supported by the World Bank in par Show Less -
Lao PDR Customs and Trade Facilitation Project - Additional FinancingIDA Grant: US$7.0 millionProject ID: P144992Project Description: The objective of the Additional Financing for Customs and Trade Facilitation... Show More + Project for Lao People's Democratic Republic is to facilitate trade by improving the efficiency and effectiveness of customs administration and simplifying customs procedures to eliminate duplication and redundancy, reduce transactions costs and time to clear goods, and increase transparency and accountability. Show Less -
Vientiane, March 28, 2013 – The Government of Lao PDR and the World Bank signed today the financing agreement for the Second Trade Development Facility (TDF-2) project. The agreement was signed by H.E... Show More + Mr. Santiphab Phomvihane, Vice Minister of Finance for the Lao PDR and Ms. Keiko Miwa, Country Manager for the World Bank to Lao PDR. The project aims to support the implementation of the government’s trade and integration priorities outlined in the 2012 Diagnostic Trade Integration Study Roadmap, and in particular to contribute to improved competitiveness and diversification, focusing outside the natural resource sectors.The US$14 million project is financed through a multi donor partnership including an International Development Association (IDA) grant of US$4 million, and a Multi Donor Trust Fund grant of US$10 million with contributions from the Australian Agency for International Development (AusAID), the European Union, the Deutsche Gesellschaft fur Internationale Zusammenarbeit (GI Show Less -