Greater Mekong Subregion East-West Economic Corridor Towns Development Project (SF) (Loan 2931)
This project is a first generation intervention of a long-term engagement in towns of the GMS economic corridors, and is aligned with the strategic framework of the GMS Economic Cooperation Program, 2012 2022, approved by the Fourth GMS Summit on 19 to 20 December 2011. It is also in line with the Asian Development Bank (ADB) country partnership strategy 2012 2016 for the Lao PDR and supports ADB's urban operational plan (2012 2020) and water operational plan (2011 2020). The project will enhance the competitiveness of towns along the East West Economic Corridor (EWEC), and will complement years of work on trade facilitation and cross-border trade agreements. The project will transform the corridor towns of Kaysone Phomvihane, Phine, and Dansavanh into economic hubs by improving urban environmental infrastructure and strengthening the institutional capacity of provincial and local authorities. The productivity and sustainability of economic enterprises in these towns will be significantly improved, as the flood control measures will increase climate resilience. The environment will be improved through clean wastewater, disposal of solid waste, and enhanced mobility on improved urban roads. The project will provide environmental infrastructure that will, among others, help reduce the carbon footprint of the towns, making them cleaner and greener, and thus more livable. The project will finance seven subprojects in the three towns.
Progress (as of March 2021)
|Contact Name||Antonio Ressano Garcia|
|Organization||Asian Development Bank|
News and Multimedia
- Percentage of economically active population in the services sector increased to 12% and in the industry sector to 15% (2002-2003 baseline: services sector: 3.8%; industry sector: 11.8%) 2023.
- Women participation in gainful economic activities increased to 25% (2012 baseline: 10%) by 2023.