World Bank committing over US$2b to support three Asean nations
The World Bank is currently supporting 43 active projects in Laos, Myanmar and Cambodia, with commitments of over US$2.7 billion as of June, according to a recent report. Of the total figure, 18 projects are in Laos with the total commitment of US$437 million, while 12 projects worth US$243 million are in Cambodia. Myanmar represents more than half of the total commitment in the three countries, with 13 projects worth over US$2 billion.