Lao PDR Southeast Asia Disaster Risk Management Project (WB-P160930)

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.
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
Jul 6, 2017
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
  • Law and Government
  • Water and Sanitation
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)
$ 30.00 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)
$ 30.00 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)
$ 31.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Nov 19, 2017

Disclosed by Bank Aug 1, 2016


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Project Description
According to World Bank website, The objective of the Southeast Asia Disaster Risk Management Project for Laos is to reduce the impacts of flooding in Muang Xay and enhance the Government’s capacity to provide hydro-meteorological services and disaster response. There are five components to the project: Component 1. Integrated urban flood risk management. This component will strengthen flood protection and resilient urban planning in Muang Xay. The component activities will be coordinated with DUPH of MPWT. This component includes three subcomponents: structural investments, non-structural investments, and project management. Component 2. Hydromet modernization and early warning systems. This component will improve the delivery of weather, climate, and hydrological services and end-to-end early warning systems throughout the country. Physical investments will include three provinces of the Nam Ou River Basin, namely Luang Prabang, Oudomxay, and Phongsali. Component 3. Financial planning for disaster resilience. This component includes two subcomponents: support for strengthening national financial resilience, and payment of disaster risk insurance premium. Component 4. Knowledge and coordination. This component supports: (a) overall project coordination and management, including M&E, and financial audits; and (b) studies for mainstreaming DRM in planning and investment. Component 5. Contingent emergency response component. This component will allow for a reallocation of credit proceeds from other components to provide emergency recovery and reconstruction support following an eligible crisis or emergency. An Emergency Response Manual (ERM) will be developed with fiduciary, safeguards, monitoring and reporting, and any other necessary implementation arrangements.
Investment Description
  • World Bank (WB)
Contact Information
Team Leader: Henrike Brecht Senior Infrastructure Specialist, World Bank No contact information provided at the time of disclosure. Team Leader: Olivier Mahul Lead Financial Sector Economist, World Bank No contact information provided at the time of disclosure. Team Leader: Zuzana Stanton-Geddes Disaster Risk Management Specialist, World Bank No contact information provided at the time of disclosure. Borrower/Client/Recipient: Lao People's Democratic Republic (Lao PDR) Angkhansada Mouangkham Deputy Director General, External Finance Department Email Address: angkhansada@yahoo.com Implementing Agencies: 1. Ministry of Public Works and Transport Dr. Bounchanh Sinthavong, Minister Email Address: bounchanh.s@hotmail.com 2. Ministry of Natural Resources and Environment Khanmany Khounphonh, Director General Email Address: k.khanmany@gmail.com 3. Ministry of Finance Angkhansada Mouangkham, Deputy Director General, External Finance Department Email Address: angkhansada@yahoo.com 4. Ministry of Planning and Investment Kikeo Chanthaboury, Vice Minister Email Address: kikeo@mpi.org 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.