According to bank's website, "the Government of Lao PDR has awarded a concession to VLP co Ltd and Sitthi Logistics, to expand Thanaleng Dry port and develop greenfield multi purpose logistics park", in a bid to improve logistics infrastructure and promote cross border trade. "To support this project, IFC and Sitthi Logistics have signed an advisory services agreement in Dec 2020, through which IFC will assist in structuring the project to be able to attract international financing. This includes developing structured risk mitigation strategies that could arise from key legal, regulatory, technical, financial issues".
Contact details not disclosed at the time of writing.
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