AF - SECOND TRADE DEVELOPMENT FACILITY PROJECT (WB-P159060)

Countries
  • Laos
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Bank Risk Rating
C
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 16, 2016
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
Ministry of Finance, Ministry of Industry and Commerce
The holder of the loan, grant, or other investment.
Sectors
  • Industry and Trade
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)
$ 4.00 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)
$ 4.00 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)
$ 16.20 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 @ WB website

Updated in EWS Nov 19, 2017

Disclosed by Bank Jul 22, 2016


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Project Description
According to bank documents, The proposed Additional Financing operation will extend support to existing sub-components and add two additional sub-components. It will be funded from an additional contribution by Australia to the existing multi-donor trust fund supporting the Second Trade Development Facility (financed by Australia, the European Union, Germany, Ireland, and USAID). It has the following components: Component A. Trade Facilitation, Trade Policy, and Regulations Component B. Diversification and Competitiveness Component C. Mainstreaming Aid-for-Trade
Investment Description
  • World Bank (WB)
Contact Information
Mombert Hoppe Senior Economist, World Bank No contact information provided at the time of disclosure. Borrower/Client/Recipient: Ministry of Finance H.E. Mme. Thipphakone Chanthavongsa, Vice Minister Email Address: thip61@yahoo.com Implementing Agencies: 1. Ministry of Industry and Commerce H.E. Mme. Khemmani Pholsena, Minister Email Address: khemmani.p@laomoic.org 2. Ministry of Industry and Commerce Mr. Phouvieng Phongsa, Director - National Implementation Unit Email Address: phouvieng.p@laomoic.org 3. Department of Imports and Exports, Ministry of Industry and Commerce Mme. Bansaty Thephavong, Director General Email Address: banesaty.t@laomoic.org 4. Department of Foreign Trade Policy Department, Ministry of Industry and Commerce Dr. Laohua Cheuching, Director General No contact information provided at the time of disclosure. ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.