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    Reference: 20140548
    Release date: 22 February 2017

    Promoter – Financial Intermediary

    MINISTRY OF PUBLIC WORKS

    Location

    Description

    The project will contribute to the improvement of the main rural roads in Laos for the purposes of climate resilience and safety.

    Objectives

    Rehabilitation of local and district roads, including elevating flood prone road sections, paving road sections with steep slopes and sections passing through large communities, drainage improvement or construction, and slope improvement and stabilization. This is expected to lead to the improvement of climate resilience of the local and district road network in 6 of the 18 provinces of Laos.

    Sector(s)

    Under ELM Guarantee

    This operation is covered by the ELM Guarantee.

    Proposed EIB finance (Approximate amount)

    EUR 25 million

    Total cost (Approximate amount)

    EUR 60 million

    Environmental aspects

    The bank will assess the environmental and social (E&S) aspects of the project during appraisal, including environmental impact assessment process and documentation, to ensure adherence to its E&S standards.

    Procurement

    The bank will require the promoter to ensure that implementation of the project will be done in accordance with the bank's Guide to Procurement.

    Status

    Signed - 21/12/2018

    Disclaimer

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

    Related tags

    Lao People's Democratic Rep. Transport