ADB's Work in the Lao PDR
Shareholding and Voting Power
Number of shares held:
1,476 (0.014% of total shares)
40,590 (0.305% of total membership, 0.469% of total regional membership)
Overall capital subscription:
Paid-in capital subscription:
ADB has been supporting the Lao People’s Democratic Republic (Lao PDR) since 1968 and remains one of the country’s largest multilateral financiers.
Over the past 5 years, the country’s economy has enjoyed a healthy rate of growth. However, a delicately balanced macroeconomic outlook, weak human resources and infrastructure, and the recurrence of natural hazards continue to pose challenges to the Lao PDR’s development.
To reduce the country’s heavy reliance on the resources sector, particularly hydropower and mining, which offer limited jobs and lack industrial linkages to the rest of the economy, economic diversification and enhanced regional cooperation are needed to expand trade, accelerate private sector investment, and generate employment.
Since 1968, ADB has committed loans, grants, and technical assistance totaling $2.91 billion for the Lao PDR.
Aerial view of the Nam Theun 2 Hydropower Plant