Multilateral development assistance

The Lao government and the Asian Development Bank have jointly discussed preparations for the new ADB Country Partnership Strategy 2017-2021, to align ADB’s support with Lao development priorities in its next five year plan. The consultation meeting was held in Vientiane on 2 June and was jointly ...

The World Bank has agreed to provide a low interest loan of US$30 million to fight poverty in Laos, a government source has said. The Lao government will contribute another US$6 million bringing total funding from the three sources to US$52 million. This amount will be ...

Switzerland has agreed to provide a grant of US$16 million, while the World Bank has expressed its intention to offer a low interest loan of US$30 million to fight poverty in Laos. If secured, the funds will be used to finance Phase III of the Poverty ...

The World Bank on 29 April approved more than US$500 million in support for improvements to road and bridge connections as well as flood control and sanitation conditions in Vietnam. The project aims to protect more than 255,000 residents and about 5,720 hectares out of 8,390 frequently ...

ADB President Takehiko Nakao on 4 April met Lao Prime Minister Thongsing Thammavong, Minister of Finance Dr Lien Thikeo and Minister of Planning and Investment Mr Somdy Douangdy, to discuss how the ADB can support the country’s infrastructure, private sector, skills development, and health services to enable ...

The Lao government is keen to cooperate with its development partners to fulfil the priorities of the 8th National Socio-Economic Development Plan for 2016-20 in view of its implications for graduation from Least Developed Country status. To ensure that the government achieves its development goals, the ...

Vietnam’s Prime Minister Nguyen Tan Dung expressed appreciation for the WB’s co-operation in Vietnam’s socio-economic development, especially in poverty reduction and sustainable development as he met with World Bank (WB) Group President, Jim Yong Kim, in Hanoi on 23 February. He also spoke highly of the ...

It is officially described as the best-preserved city in Southeast Asia, a bygone seat of kings tucked into a remote river valley of Laos. Luang Prabang weaves a never-never land spell on many a visitor with its tapestry of French colonial villas and Buddhist temples draped ...

The Climate-Friendly Agribusiness Value Chains Sector Project will provide a US$180 million loan to finance initiatives in Laos, Cambodia and Myanmar to boost the capacity of commercial production in the three countries. A senior official from the Ministry of Agriculture and Forestry, Mr Vinoth Vansy, told ...

UNICEF will continue to expand its partnership with government counterparts, development partners and UN agencies, INGO/CSOs under the umbrella of the Vientiane Declaration on Aid effectiveness. The agency will work closely with all related partners to develop a new country programme of cooperation for 2017-2021 within ...