Fourth Greater Mekong Subregion Corridor Towns Development Project (ADB-50099-003)

Countries
  • Laos
Where the impacts of the investment may be experienced.
Specific Location
Paksan and Thakhek towns
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Asian Development Bank (ADB)
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
B
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
Sep 14, 2018
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
  • Construction
  • Infrastructure
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 48.00 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)
$ 54.06 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 @ ADB website

Updated in EWS Mar 27, 2019

Disclosed by Bank Sep 30, 2016


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

According to the bank document, the project will support the government of the Lao PDR in improving urban environmental services and enhance regional economic connectivity in the towns of Paksan and Thakhek, two towns located along the North-South Economic Corridor in the Greater Mekong Subregion (GMS).

It will finance:

  • Sewage networks and eight small-scale wastewater treatment facilities to improve sanitation;
  • Two controlled landfills and solid waste collection vehicles for municipal waste to improve waste collection and management,
  • Improved drainage and riverbank protection,
  • Rehabilitation of the old town center to promote regional tourism in Thakhek, and
  • City master plans to promote regional economic connectivity.

The project will accelerate urban node development along the GMS North-South Economic Corridor in Lao PDR.

Investment Description
  • Asian Development Bank (ADB)

Grant 0606-LAO: Fourth Greater Mekong Subregion Corridor Towns Development Project US$ 48.00 million

Counterpart US$6.06 million

Contact Information

Executing Agencies

Ministry of Public Works and Transport
Address: 4th Floor Eastern Building
Corner Norodom Boulevard Street 106
Phnom Penh, Cambodia

Ministry of Public Works and Transport
Address: Dept of Housing and Urban Planning, Lao PDR

Lane-Xang Ave., Vientiane Lao PDR
P.O. Box 206

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main