LAO RESILIENCE NATIONAL ROAD 2 (EIB-20230148)

Countries
  • Laos
Geographic location where the impacts of the investment may be experienced.
Specific Location
Dien Bien Phu Province
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
  • 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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Dec 11, 2024
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of Laos - Ministry of Public Works and Transport
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Law and Government
  • 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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 42.02 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported 40
Converted using 2024-12-11 exchange rate.
Project Cost (USD)
$ 181.75 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported 173
Converted using 2024-12-11 exchange rate.
Bank Documents
Other Related Projects
Primary Source

Original disclosure @ EIB website

Updated in EWS Apr 16, 2025

Disclosed by Bank Sep 25, 2024

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the Bank’s website, this is the second allocation under "Framework Loan Lao Resilient Roads" to finance works aiming at improving Lao National Road 2 East (NR2E), from the Oudomxay Provincial centre to the Vietnam border, an important east-west corridor in South Asia linking Thailand-Laos-Vietnam (Asian Highway No. 13).

With a total length of 295 km, NR2 consists of a West section (NR2W) (145 km) connecting with the Thai border at Huai Kone-Nam Ngeun and an East section (NR2E) (150 km) connecting with the Vietnamese border at Panghok-Tay Trang, Dien Bien Phu Province. In light of this, the Lao National Road 2 helps to achieve Lao PDR's aspiration to become a land-linked country through the development of economic corridors.

The aim is to improve the climate resilience and strengthen the maintenance systems of NR2 by ensuring that road rehabilitation is done according to the latest climate resilience guidelines.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

The Project ESMF (March 2022) identified the key impacts associated with the proposed Project. The ESMF identified the following direct impacts and risks:

  • slope stability in landslide prone area;
  • air quality and community health due to emission of dust and burning of waste at the project sites;
  • exhaust from engines of earth moving equipment;
  • Soil erosion;
  • wastes generated during earth movement and construction;
  • community safety related to traffic during construction;
  • health and safety of the workers;
  • impacts on river ecology of Nam Beng River, and natural habitats along the ROW due to road widening and construction facilities (e.g., workers accommodation and laydown area) that may need land clearing.
Investment Description
Here you can find a list of individual development financial institutions that finance the project.

This operation is covered by the ELM Guarantee.


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

No contacts available at the time of disclosure.

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.eib.org/en/infocentre/registers/request-form/request-form-default.htm

ACCOUNTABILITY MECHANISM OF EIB

The EIB Complaints Mechanism is designed to facilitate and handle complaints against the EIB by individuals, organizations or corporations affected by EIB activities. When exercising the right to lodge a complaint against the EIB, any member of the public has access to a two-tier procedure, one internal - the Complaints Mechanism Office - and one external - the European Ombudsman. A complaint can be lodged via a written communication addressed to the Secretary General of the EIB, via email to the dedicated email address: complaints@eib.org, by completing the online complaint form available at the following address: http://www.eib.org/complaints/form via fax or delivered directly to the EIB Complaints Mechanism Division, any EIB local representation office or any EIB staff. For further details, check: http://www.eib.org/attachments/strategies/complaints_mechanism_policy_en.pdf

When dissatisfied with a complaint to the EIB Complaints Mechanism, citizens can then turn towards the European Ombudsman. A memorandum of Understanding has been signed between the EIB and the European Ombudsman establishes that citizens (even outside of the EU if the Ombudsman finds their complaint justified) can turn towards the Ombudsman on issues related to 'maladministration' by the EIB. Note that before going to the Ombudsman, an attempt must be made to resolve the case by contacting the EIB. In addition, the complaint must be made within two years of the date when the facts on which your complaint is based became known to you. You can write to the Ombudsman in any of the languages of the European Union. Additional details, including filing requirements and complaint forms, are available at: http://www.ombudsman.europa.eu/atyourservice/interactiveguide.faces

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