Bilateral development assistance

Development Assistance Committee (DAC) members

Korea signs US$80.8 million loan for hydropower project with Laos

The Korean Economic Development Cooperation Fund from the Republic of Korea has signed a loan agreement for US$80.8 million (about 658 billion kip) with the Lao government. The funds will be used for the development of the Xepian-Xenamnoy hydropower plant in Champassak province. The loan agreement was ...

YCDC searches for more water as households run dry

Only 60 percent of Yangon’s water needs are being met, officials say. The Yangon City Development Committee is hunting for fresh sources, even as work proceeds to fix leaky pipes that lose half the water they are supposed to carry. The search for water security is part ...

Cambodian Minister, South Korean official meet over aid, university

Foreign Affairs Minister Hor Namhong met with South Korea’s dep­uty minister for political affairs on 14 October to offer his gratitude for a $35 mil­lion university that South Korea has pledged to build in Cambodia, an of­ficial said. Keep reading ...

South Korea to fund Laos–Vietnam railway feasibility study

Vietnam’s transport ministry and the Korea International Co-operation Agency (KOICA) have agreed to study the feasibility of a 500 km-long railway link from Laos’ Vientiane to Vung Ang in central Ha Tinh Province of Vietnam. The study will be conducted with a $US3-million ODA grant from KOICA for ...

25 bridges to be built in Vietnam with JICA loans

The Vietnamese Prime Minister has approved the construction of 25 bridges with the second transport sector loan for the national road network improvement project. The bridges’ total investment is about VND1.686 trillion ($75 million), funded by the Japan International Co-operation Agency ODA loans. Keep reading ...

Lower Mekong nations collaborate on flood response during exercise in Laos

Dealing with and attempting to mitigate disaster scenarios is why experts, both military and civilian, from six nations were in the capital of Laos participating in the 2015 Lower Mekong Initiative Disaster Relief Exercise and Exchange. The LMI DREE is an annual civil-military disaster preparedness and ...

Japan pledges patrol vessels, loans to Vietnam

Japan pledges to provide Vietnam with 200 million yen (US$1.6 million) in non-refundable aid to buy Japanese used patrol ships for its maritime safety in the 2015 fiscal year, according to a joint statement issued on 15 September following Communist Party General Secretary Nguyen Phu Trong’s ...

Japan pledges 100bn yen in loans for Vietnam

Japanese Prime Minister Shinzo Abe pledged on 15 September that his country will extend 100 billion yen ($835 million) in loans for Vietnam to boost the Southeast Asian economy’s infrastructural development, as Tokyo and Hanoi aim to strengthen ties on the economic and security fronts. Keep reading ...

New strategy for Japan, Mekong cooperation

Japan and four Southeast Asian nations along the Mekong River Basin – Vietnam, Laos, Myanmar and Thailand – have approved a plan to speed up industrial development in the region. Keep reading ...

First HIV/AIDS treatment centre opens in Laos

The first infectious disease ward, which shall include the first HIV/AIDS treatment centre in Laos, opened yesterday in Vientiane, aiming to improve the medical environment to treat infectious disease patients including those with HIV. The centre received financial support from the government of Japan. The new facility ...

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