ADB approved $36.5 million loan and grant for the Lao PDR in 2012 to improve the country’s capacity and preparedness to manage and mitigate the impacts of flood and drought through the Greater Mekong Subregion Flood and Drought Risks Management and Mitigation Project in Vientiane capital and provinces of Khammouan and Savannakhet.
ADB has been helping to protect biodiversity conservation corridors in the Lao PDR since 2006 through a range of conservation and protection activities. In 2011, ADB approved $20 million grant for the BCC project. The project helped restore, protect, and manage biodiversity corridor sustainably. In 2016, ADB approved additional grant financed by the Climate Investment Funds through its Forest Investment Program to help manage the biodiversity corridors and scale up activities to stop deforestation and forest degradation in the country.
The Lao People’s Democratic Republic (Lao PDR) has one of the fastest rates of urbanization in Asia. To boost economic development and attract foreign investments, a smart and able workforce is essential.
In the first episode of ADB Insight, we speak to the people on the frontline of the global effort to deliver a vaccine in record time and explore the complex issues around distributing the life-saving drug to billions of people in Asia & the Pacific.
Supported by a $10 million grant from the Japan Fund for Poverty Reduction at the Asian Development Bank, the Ministry of Health and Sports of Myanmar implemented the Greater Mekong Subregion’s Capacity Building for HIV/AIDS Prevention Project.
Through the ‘Made in Mon’ branding of local handicraft, women and the poor in Southeastern Myanmar are getting gainful employment opportunities.
ADB through a grant from the Japan Fund for Poverty Reduction initiated the project by upgrading handicraft production and processing facilities, providing design, manufacturing and marketing advice.
Cambodia has long stretches of pristine beaches. However, tourism is highly concentrated in the area around the temples of Angkor. To spread the economic benefits of tourism, the Asian Development Bank is helping the Ministry of Tourism promote coastal tourism by improving infrastructure and environmental management.