Asian Development Bank and the Lao PDR: Fact Sheet
ADB is one of Lao PDR's largest sources of official development assistance, with an average annual lending of $100 million over the 5 years to 2021.
ADB is one of Lao PDR's largest sources of official development assistance, with an average annual lending of $100 million over the 5 years to 2021.
ADB is one of Cambodia's largest sources of official development assistance, with average annual lending of $329.8 million from 2016-2021. The bank's support is aligned with the Cambodia's National Strategic Development Plan 2019-2023.
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Photo by Dennis Sylvester Hurd via Flickr (CC BY 2.0)
Cambodia and the Lao People’s Democratic Republic have reported a steady drop in average COVID-19 cases per day in April 2022, according to a report on “Vaccination Rates, Effectiveness, and Safety” by the Asian Development Bank (ADB). In Cambodia, the average COVID-19 cases per day dropped from 164 to 18.4, and deaths decreased from 1 to 0.06, marking a fall in case fatality rate from 0.43% to 0.35%. In Lao PDR, daily infection rates declined steadily, averaging at 986 for April 2022 from 1102 in March 2022, while average deaths per day plateaued between 1 to 3.
Photo by Kaj17 via Flickr. (CC BY-NC-ND 2.0)
The Guangxi Zhuang Autonomous Region (GZAR) of the People’s Republic of China (PRC) has opened seven highway ports and one railway port for cross-border cargo with normalized customs clearance processes. Statistics from the GZAR’s Department of Commerce reported that 3,344 vehicles entered and exited through Guangxi’s border highway ports during the May Day holiday in 2022. The May Day holiday is one of the peak travel times in the country.
The Friendship bridge built with Australian funding and completed and opened in 1994, crossing the Mekong River and connecting Thailand to Laos. Photo by Jim Holmes / AusAID via Flickr. (CC BY 2.0)
The fifth friendship bridge between the Lao People‘s Democratic Republic (Lao PDR) and Thailand is set to further enhance Lao PDR’s connectivity with its neighbors in the Greater Mekong Subregion. It will link Borikhamxay province (Lao PDR) to Bueng Kan province (Thailand), becoming a vital road link between Laos, Thailand and Vietnam. Spanning over 150km, it promises to be the shortest connecting link between the three countries and opens another regional trade and transit route.
A proposed Asian Development Bank (ADB) project will help finance two standard ports that will boost the fisheries and tourism sectors of Cambodia’s Kep province.
A report by the Khmer Times shared provincial officials and ADB are working to establish the ports’ locations, according to Mr. Vao Sokha, Kep Deputy Governor.