Photo via Vientiane Times
Lao People’s Democratic Republic Prime Minister Sonexay Siphandone urged for intensive action to bolster the country’s digital pillars. Developing the country’s digital economy, digital government, and digital community will help bolster Lao PDR’s socio-economic development.
Photo via Vientiane Times
Construction work on the 5th Lao-Thai Friendship Bridge has surpassed 72% completion, and is expected to be completely finished by the end of 2024. The bridge will connect Paksan, Bolikhamsai Province (Lao PDR) to Bueng Kan Province (Thailand) across the Mekong River. The bridge is set to further boost connectivity in the GMS.
The Lao People’s Democratic Republic’s (Lao PDR) economy is expected to grow moderately this year and next, thanks to the recovery in services and private sector investments as pandemic restrictions are eased throughout the region, according to a new Asian Development Bank (ADB) report.
The Asian Development Bank (ADB) and Monsoon Wind Power Company Limited (Monsoon) signed a $ 692.55 million nonrecourse project financing package to build a 600-megawatt wind power plant in Sekong and Attapeu provinces in the southern region of the Lao People’s Democratic Republic (Lao PDR) to export and sell power to neighboring Viet Nam. Comprising 133 wind turbines, the project will be the largest wind power plant in Southeast Asia and the first in the Lao PDR.
The Department of Public Works and Transport of the Lao People’s Democratic Republic (PDR), and Supthavy Construction Maintenance Complete Sole Ltd. signed an agreement for the fourth Greater Mekong Subregion (GMS) Corridor Towns Development Project. Mr. Khouanta Douanglaty, department director, and Ms. Chinadavone Siritham, President, Supthavy Construction led the signing.
Greater Mekong Subregion Secretariat
Regional Cooperation and Operations Coordination Division,
Southeast Asia Department, Asian Development Bank
Address: 6 ADB Avenue, Mandaluyong City 1550, Metro Manila, Philippines
Telephone: +63 2 8632 4444 Fax: +63 2 8636 2226
