Lao People's Democratic Republic
|Population||7 million (2017)|
|GDP at PPP (current international dollars)||48 billion (2017)|
|GDP per capita at PPP (current international dollars)||7,023 (2017)|
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Agriculture remains an important part of the Lao PDR economy, and government leaders have recognized the sector as a key driver for reducing poverty. As part of the GMS program, Lao PDR is working to improve food security and cross-border agricultural trade, as well as reduce trans-boundary animal disease and foster climate change resilience. The ultimate goal is to improve the lives of people in rural areas, and foster economic development.
In the area of energy, Lao PDR is a leader in the Greater Mekong Subregion. Today, Lao PDR supplies 100 percent of its domestic power needs through hydropower, and derives substantial economic benefit from selling excess power to its GMS neighbors. The Lao PDR Government has recognized that providing widely available and affordable energy to people in both urban and rural areas is important for economic development and poverty reduction.
Though diversification is underway, Lao PDR’s economy is primarily resource-based, so environmental sustainability is vital. As Lao PDR’s economic activity has increased, protection of the country’s environment has become increasingly important. Lao PDR is working with its GMS partners to establish biodiversity corridors, and protect critical ecosystems.
The Lao PDR Government is working closely with its GMS partners to improve education and health, and better develop human resources in the country. This has included vocational training programs, as well as work to improve the skills of the country’s health care workers. GMS-supported programs to control communicable diseases and to improve government officials’ management abilities are also underway.
Lao PDR is using mobile and fixed telephone communications, as well as the Internet, to promote human resource development, research, business, and infrastructure development, and to enhance the country’s education system. Telecommunications access is being expanded into remote rural locations, including areas where vulnerable minority groups can benefit.
Lao PDR has seen a rapid increase in tourism in recent years. Its rich cultural and natural sites are attracting a growing number of visitors. Top destinations include Luang Prabang, Champasak, Vientiane, Vang Vieng, and Savannakhet. Direct flights between Cambodia’ Angkor Wat and Luang Prabang are an example of the efforts underway to link GMS tourist sites, and package them as a single destination. Lao PDR’s strategy is to develop tourism in order to generate jobs, protect natural cultural heritage, and reduce poverty.
The Government of Lao PDR is actively encouraging trade and investment with its GMS partners. It has worked to enhance cross-border trade, and has been active partner in the development of economic corridors using transport infrastructure to drive trade and investment.
In the area of transport, Lao PDR has developed better highway connections with Cambodia, PRC, Thailand, and Viet Nam. The country is a vital link in several of the subregion’s major economic corridors, including the North-South Economic Corridor, which spans from Kunming to Bangkok via Lao PDR, another North-South Corridor which traverses Kunming, Mohan, Luang Prabang, Vientiane, Thakhek, Phnom Penh and Sihanoukville, and the East-West Corridor, which stretches 1,500 km from Mawlamyine in Myanmar, to Da Nang in Viet Nam, passing through Savannakhet-Dansavanh in Lao PDR. Through these transport corridors, Lao PDR is transforming itself from a landlocked into a land-linked country, using its location at the center of GMS to facilitate trade and investment from other countries in the subregion.
The Sixteenth Meeting of the Subregional Transport Forum (STF-16) was held in Nay Pyi Taw, Republic of the Union of Myanmar, on 24–25 October 2012. The Forum was jointly organized by the Ministry of Rail Transportation (MORT) of the Republic of the Union of Myanmar and the Asian Development Bank (ADB).
The Special 12th RPTCC meeting (RPTCC-12-A) was held mainly to continue discussions on the inter-governmental MOU to establish the Regional Power Coordination Center (RPCC), which will oversee the evolution of the GMS power market toward a more open, but appropriately regulated competitive market.
The Atlas celebrates the peoples of the Greater Mekong Subregion, and presents the environmental and development challenges they face and their responses.
Over the past 20 years, the Greater Mekong Subregion Program has achieved substantial success in improving regional connectivity through investments of $15 billion as well as more than 180 technical assistance projects.
This document summarizes the outcome of the 11th meeting of the GMS Working Group on Human Resource Development in Yangon, Myanmar on 1-2 November 2012.
MANILA, PHILIPPINES (7 November 2012) - The Asian Development Bank and Australian Agency for International Development will provide an $87.39 million package of loans and grants to help Lao People's Democratic Republic and Viet Nam pair infrastructure upgrades with community-based disaster risk management and enhanced regional forecasting to improve flood and drought preparedness in the Greater Mekong Subregion.
MANILA, PHILIPPINES (31 October 2012) - The Asian Development Bank is providing $20 million in grants and loans to support Lao People's Democratic Republic and Viet Nam prevent the spread of HIV infections in 23 border provinces where risks are growing due to increased population movement and commercial activities along economic corridors.
The Greater Mekong Subregion (GMS) Program, with support from the Asian Development Bank (ADB) and other development partners, has scored impressive gains in promoting regional connectivity over the past 2 decades.
Trade facilitation of agri-food products can potentially reduce trade barriers, lower transaction costs, foster efficiency along the supply chains, and reduce poverty in the Greater Mekong Subregion (GMS).