Lao PDR and ADB
ADB operations in the Lao People’s Democratic Republic support quality, sustainable, inclusive, and green growth for COVID-19 recovery, with a focus on health care and food security.
This brochure highlights ADB’s five-decade long partnership with the Lao People’s Democratic Republic (Lao PDR) and shows how they are working closely together to support sustainable, inclusive, and green growth.
ADB and Monsoon Wind Power Company Limited 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.
The Forum aims to discuss the key challenges to the region’s macro-financial stability and outlook and present solutions and initiatives in fostering new areas of growth.
This brief shows how bookings for non-hotel rooms via platforms such as Airbnb have soared in Southeast Asia and why stronger regulation can help maintain quality standards, increase tax revenue, and maximize local economic benefits.