Lao People’s Democratic Republic: National Road 13 Improvement and Maintenance Project

GRANT SUMMARY INFORMATION

SPECIAL FUND TYPE

PPSF Grant

MEMBER

Lao PDR

SECTOR

Transport

FINANCING

APPROVED AMOUNT

USD995,000

TIMELINE

APPROVAL DATE

April 27, 2018

DESCRIPTION

The proposed project will improve road condition, road safety and climate resilience of critical sections of the National Road 13 through innovative contracting model (Output- and Performance-Based Road Contract - OPBRC). The road design will also be strengthened to meet ASEAN standards. The purpose of this grant is to conduct preparatory activities to enhance implementation readiness and quality of proposed investment. The project preparation grant will specifically support consultancy services for resettlement action plan preparation and implementation, conceptual design of OPBRC for the southern section of National Road 13, and project management.

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The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing the Infrastructure for Tomorrow—infrastructure with sustainability at its core. We began operations in Beijing in January 2016 and have since grown to 109 approved members worldwide. We are capitalized at USD100 billion and Triple-A-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.

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