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, November 20, 2013 —Lao PDR and the World Bank Group have been close partners in the development and implementation of the Nam Theun 2 project. Analysis of several rounds of socio-economic monitoring... Show More + shows that over 97% of households resettled under the Nam Theun 2 project met stringent Household Income Targets specified in the Concession Agreement. Primary school enrolment rates in the resettlement areas went from 31% in 1998 to almost 90% post resettlement. The World Bank continues to work closely with the Government, Nam Theun 2 Power Company and communities affected by the Nam Theun 2 Hydropower project to ensure that project obligations are met and that people in the project area benefit from it.The World Bank understands that the Ministry of Agriculture and Forestry has initiated an irrigation project utilizing water discharged from the Nam Theun 2 downstream channel through Gate #3, and has commissioned a feasibility study for the development of further irrigation proj Show Less -
The Nam Theun 2 multipurpose development project (NT2) is larger and more complex than any other hydropower project in Lao PDR. It is jointly implemented by the Nam Theun 2 Power Company (NTPC) and... Show More + the government of Lao PDR and financed by 27 parties, including the World Bank Group (WBG) and the Asian Development Bank. NT2 is expected to generate US $2 billion in revenues over a twenty-year period.NT2 revenues are flowing back to the people of Lao PDR--- it is improving living conditions, health care, education, providing access in poor and remote areas. It also covers the protection of large areas with rich biodiversity.For more information on NT2, please read our Overview Paper (pdf). Show Less -