📋 Tender Overview
Project Number
608719
Primary Business Area
Other
Disclosure Date
Feb 26, 2025
Country
Lao People's Democratic Republic
Region
East Asia and the Pacific
IFC Approval Date
Aug 30, 2024
Status
Active
Estimated Total Budget
$401,198.00
(Project budget includes all project-funded activities)
Last Updated Date
Project Estimated Start Date
Jul 1, 2024
Project Estimated End Date
Jun 30, 2028
Project Description
The objective of the Lao Enabling Private Investment Project is to support the Government of Lao PDR in facilitating private investment in the country’s priority sectors. These sectors include PPP infrastructure, green city development, agri-business, and agri-related logistics. The project aims to achieve this through the following measures: 1. Improved Regulatory Framework for PPP: Enhancing the legal and regulatory environment for Public-Private Partnerships (PPP). 2. Developed Regulatory Framework for Green City Development: Focusing on green building and rooftop solar initiatives. 3. Streamlined Investment and Operation Procedures: Simplifying processes for agri-business and agri-related logistics. 4. Promotion of Investible Opportunities: Identifying and promoting investment opportunities within the identified priority sectors. This project is structured into two phases. Phase 1 is from September 2024 to June 2026, while Phase 2 will commence upon a review of Phase 1's progress. Phase 1: 1. Improve PPP laws and regulations. 2. Develop regulations for green city development. 3. Streamline investment and operation procedures for agri-business and agri-related logistics. Phase 2: 1. Identify and promote investible opportunities in priority sectors. 2. Enhance investor service delivery by supporting investment promotion events and improving the Investment Tracking System.
