LAO RESILIENT ROADS FRAMEWORK LOAN (EIB-20190324)

Countries
  • Laos
Where the impacts of the investment may be experienced.
Financial Institutions
  • European Investment Bank (EIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Dec 20, 2019
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
LAO PEOPLE'S DEMOCRATIC REPUBLIC
The holder of the loan, grant, or other investment.
Sectors
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 100.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 100.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 398.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ EIB website

Updated in EWS Jan 8, 2020

Disclosed by Bank Dec 12, 2019


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Project Description

According to the bank document, the proposed framework loan is expected to finance road rehabilitation works in Laos to maintain and improve connectivity and accessibility and to improve their climate resilience. The project will include road sections that require urgent rehabilitation as their current condition hampers economic development and access to public services.

The proposed framework loan is expected to finance road rehabilitation works in Laos to maintain and improve connectivity and accessibility and to improve their climate resilience. The project will include road sections that require urgent rehabilitation as their current condition hampers economic development and access to public service

Investment Description
  • European Investment Bank (EIB)

This operation is covered by the EU Guarantee for EIB loans outside the EU.

Contact Information

*There is no further information being disclosed at this stage of the project*

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