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Signature(s)

Amount
€ 100,000,000
Countries
Sector(s)
Lao People's Democratic Rep. : € 100,000,000
Transport : € 100,000,000
Signature date(s)
20/12/2019 : € 100,000,000
Link to source

Summary sheet

Release date
21 October 2019
Status
Reference
Signed | 20/12/2019
20190324
Project name
Promoter - financial intermediary
LAO RESILIENT ROADS FRAMEWORK LOAN
LAO PEOPLE'S DEMOCRATIC REPUBLIC
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 108 million
EUR 398 million
Location
Sector(s)
Description
Objectives

The proposed framework loan is expected to finance road rehabilitation works in Laos to maintain and improve connectivity and accessibility and to improve their climate resilience. The project will include road sections that require urgent rehabilitation as their current condition hampers economic development and access to public services.

The proposed framework loan is expected to finance road rehabilitation works in Laos to maintain and improve connectivity and accessibility and to improve their climate resilience. The project will include road sections that require urgent rehabilitation as their current condition hampers economic development and access to public services.

Environmental aspects
Procurement

An Environmental and Social Management Framework is being prepared for the NR13 and it will be assessed to what extent this framework can apply for all schemes under the proposed framework loan. Gender issues will also be considered, to ensure that the road designs take into account the needs of various user groups. The projects under this framework loan will also improve the climate resilience of the roads and thus contribute to Climate Action.

It will be required that the promoter ensures that implementation of the project will be done in accordance with the EIB's Guide to Procurement.

Under ELM Guarantee

This operation is covered by the ELM Guarantee.

Related projects
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Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Documents

Environmental and Social Data Sheet (ESDS) - LAO RESILIENT ROADS FRAMEWORK LOAN
Publication Date
21 Dec 2019
Document language
Main Topic
Lending
Document Number
122762041
Document Focus
Environmental Information
Project Number
20190324
Sector(s)
Publicly available
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News & Stories

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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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