Laos, Cambodia, Myanmar in line for US$180m loan
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 Vientiane Times on 15 February that project officials are currently considering the division of this loan.
“It’s expected that Laos may receive about US$50 or US$60 million. Most of the money will come from the Asian Development Bank (ADB),” he said.
