Lao PDR Set for Moderate Growth in 2018 and 2019 — ADB

VIENTIANE, LAO PEOPLE’S DEMOCRATIC REPUBLIC (26 September 2018) — Economic growth for the Lao People’s Democratic Republic is expected to moderate in 2018, as agriculture and mining outputs are forecast to underperform, although an expansion in electricity generation, construction, and services will partially offset these adverse effects, according to a new Asian Development Bank report.

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ADB to Improve Environmental Services in Two GMS Corridor Towns in Lao PDR

VIENTIANE, LAO PEOPLE’S DEMOCRACTIC REPUBLIC (17 September 2018) — The Asian Development Bank’s Board of Directors has approved a $48 million grant to help improve urban environmental services and enhance economic connectivity in Paksan and Thakhek, two of the least developed towns along the Greater Mekong Subregion Central Corridor in the Lao People’s Democratic Republic.

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Lao PDR Deputy Minister of Finance Ms. Thipphakone Chanthavongsa (right) and ADB Country Director for Lao PDR Mr. Yasushi Negishi (left) after signing the grant agreement on 6 September 2018 in Vientiane. Senior officials from line ministries witnessed the signing.  

ADB, Lao PDR Sign Agreement to Promote Sustainable, Climate-Smart Agribusiness

VIENTIANE, LAO PEOPLE’S DEMOCRATIC REPUBLIC (7 September 2018) — The Asian Development Bank and the Government of the Lao People’s Democratic Republic signed an agreement for a $40.5 million grant for the Climate-Friendly Agribusiness Value Chains Sector Project that will help farmers and agribusinesses develop sustainable and climate-smart agriculture value chains in the country.

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Farmers dry cassava on an open field. The Climate-Friendly Agribusiness Value Chains Sector Project will improve the productivity, efficiency, and climate-resilience of agriculture value chains of farmers along the Greater Mekong Subregion economic corridors. Photo: ADB.

Investing in Climate-Smart Agriculture Value Chains in the Greater Mekong Subregion

The Climate-Friendly Agribusiness Value Chains Sector Project is helping transform transport corridors in the Greater Mekong Subregion into economic corridors by developing upstream and downstream linkages in agribusiness supply chains in a climate-friendly manner.

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The food traceability systems in the pilot project use barcodes to track information at the source (e.g., date of harvest/production) and until point of sale. Photo: ADB.

Using Barcodes to Track Food Safety from Farm to Table in the Mekong Region

A pilot project is introducing the use of barcodes to track the quality and safety of food in the Greater Mekong Subregion from “farm to shelf, then table.”

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ADB President Mr. Takehiko Nakao (left) meeting with the PRC's Minister of Finance and ADB Governor Mr. Liu Kun (right).

ADB President Mr. Takehiko Nakao (left) meeting with the PRC's Minister of Finance and ADB Governor Mr. Liu Kun (right).

ADB President Visits the People's Republic of China, Reaffirms Partnership

BEIJING, PEOPLE’S REPUBLIC OF CHINA (29 August 2018) — Asian Development Bank President Takehiko Nakao and People’s Republic of China Minister of Finance and ADB Governor Liu Kun met during Mr. Nakao’s 2-day visit to the PRC, in which he reaffirmed ADB’s support for the country’s development priorities.  

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The Japan-Mekong Connectivity Initiative invests in hard and and soft infrastructure projects in the Greater Mekong Subregion, including human resource development. Photo: ADB.

Japan, Mekong Countries Eye New Strategy for Cooperation

Foreign ministers from Japan and five Mekong nations this month identified areas of cooperation under a new strategy and reviewed the progress of joint projects in the East-West Economic Corridor and Southern Economic Corridor.

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Mekong Forum Looks at Ways to Promote Healthy Economic Zones

Economic zones hold unique health risks for both workers and communities, but they also offer opportunities to protect workers’ productivity and improve community health. Photo: ADB.

Mekong Forum Looks at Ways to Promote Healthy Economic Zones

Economic zones are growth engines of the Greater Mekong Subregion, stimulating economic activity and creating jobs. Yet, not much attention has been given to the social and health aspects of economic zone development until recently.

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Cargo and passenger vehicles cross the border on the Lao side of the Mekong River through the Second Thai–Lao Friendship Bridge, which connects Mukdahan Province in Thailand with Savannakhet in the Lao PDR. Photo: ADB.

How the Lao PDR Can Benefit More from the Economic Corridors

The Lao People’s Democratic Republic lies at the heart of the Greater Mekong Subregion and its economic corridors . However, the country has yet to maximize benefits from the subregion’s investments in infrastructure and services.

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Factory workers assemble electronic products at Savan Park Special Economic Zone in Savannakhet, Lao People's Democratic Republic. Photo: ADB. 

Health Impact Assessment Framework for Special Economic Zones, Explained

Countries in the Greater Mekong Subregion recognize how a health impact assessment framework can help ensure that both businesses and communities benefit from economic zone development.

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Thailand's Minister of Finance and ADB Governor Mr. Apisak Tantivorawong (left) and ADB Director General for Southeast Asia Mr. Ramesh Subramaniam (right). Photo: ADB.

ADB to Help Upgrade Highways, Improve Road Safety in Thailand

BANGKOK, THAILAND (4 July 2018) — The Asian Development Bank and the Government of Thailand today signed a $99.4 million loan agreement to help the country upgrade 125 kilometers of highways and improve road safety management in the country’s northeastern region.

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