Northern Rural Infrastructure Development Sector Project (Additional Financing) (ADB-50236-002)

Countries
  • Laos
Where the impacts of the investment may be experienced.
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
Proposed
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.
Borrower
Lao People's Democratic Republic
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant, Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 34.70 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)
$ 34.70 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 21, 2019

Disclosed by Bank May 31, 2017


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Project Description

According to the bank document, the proposed Project will increase the profitability of the agriculture, natural resources, and rural development sector by enhancing sustainable, market-oriented agricultural production together with natural resources management. The project will:

(i) upgrade selected productive rural infrastructure (PRI) schemes to be climate resilient, efficient, and sustainable;

(ii) improve land use management within the PRI scheme watersheds; and

(iii) improve institutional arrangements and capacity for good agriculture practices and sustainable watershed management.

Investment Description
  • Asian Development Bank (ADB)

Grant: Sustainable Rural Infrastructure and Watershed Management Project – Asian Development Fund US$ 4.70 million

Loan: Sustainable Rural Infrastructure and Watershed Management Project - Asian Development Fund US$ 30 million

Contact Information

Executing Agencies

Ministry of Agriculture and Forestry - Department of Planning and Finance
Contact: Mr. Xaypladeth Choulamany

Title: Director General
Email: xaypladethchoulamany@yahoo.com

Address: Lane Xang Avenue, Patuxay Square PO Box No. 811

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