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Southeast Asia Regional Economic Corridor and Connectivity Project

Abstract*

Lao PDR is the key country linking land trade routes across Northern Southeast Asia and could benefit substantially from becoming a land-linked country. Lao PDR achieved rapid growth and significant poverty reduction between 2005 and 2015, though inequality widened. Most of the population in Lao PDR is still dependent on agriculture for jobs and livelihoods. And, Lao PDR is highly susceptible to climate change-induced natural hazards, particularly...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

To improve regional and domestic trade and climate resilient transport connectivity along an East-West corridor in Southeast Asia, and to provide immediate and effective response in case of an Eligible Crisis or Emergency.

Key Details

Project Details

  • P176088

  • Active

  • Sombath Southivong , Chanin Manopiniwes, Konesawang Nghardsaysone, Yin Lam

  • Lao People's Democratic Republic

  • US$ 201.90 million

  • Ministry of Public Works and Transport

  • East Asia and Pacific

  • 2022

  • US$ 131.90 million

  • N/A

  • November 30, 2023

  • May 31, 2028

  • Yes

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 131.90
Borrower/Recipient 20.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 131.90
IBRD + IDA Commitment 131.90
Lending Instrument
Grant Amount N/A
Total Project Cost** 201.90

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
May 15, 2024 IDA-71020 Int Charges 34,867.70
May 15, 2024 IDA-71020 Int Charges 34,867.70
May 15, 2024 IDA-71020 Int Charges 302.95
Jul 18, 2024 IDA-71020 Loan Disb 807,000.00
Apr 19, 2024 IDA-71020 Loan Disb 677,094.60
Mar 20, 2024 IDA-71020 Loan Disb 545,342.70
Feb 29, 2024 IDA-71020 Loan Disb 5,783,787.00
Sep 3, 2024 IDA-71020 Loan Disb 298,047.25
Mar 29, 2024 IDA-71020 Loan Disb 581,423.70
Sep 4, 2024 IDA-71020 Loan Disb 420,593.00
Sep 4, 2024 IDA-71020 Loan Disb 545,969.50
Nov 15, 2023 IDA-71020 Int Charges 81.74
Nov 15, 2023 IDA-71020 Int Charges 32,635.74
Nov 15, 2023 IDA-71020 Int Charges 19,763.65
Nov 15, 2023 IDA-71020 Int Charges 19,763.65
Jun 10, 2024 IDA-71020 Loan Disb 539,272.06
Aug 13, 2024 IDA-71020 Loan Disb 442,080.00
Jul 24, 2024 IDA-71020 Loan Disb 312,068.06
Jun 23, 2023 IDA-71020 Loan Disb 5,194,485.00
Dec 9, 2022 IDA-71020 Loan Disb 1,043,200.00
May 15, 2024 IDA-71020 Int Charges 54,539.42
May 16, 2023 IDA-71020 Int Charges 3,427.27
May 16, 2023 IDA-71020 Int Charges 3,427.27
Jul 28, 2023 IDA-71020 Loan Disb 260,493.02
May 18, 2022 IDA-71020 Loan Commitment 131,900,000.00
May 16, 2023 IDA-71020 Int Charges 5,629.28

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Satisfactory 2024-11-21
Financial Management Moderately Satisfactory 2024-11-21
Monitoring and Evaluation Satisfactory 2024-11-21
Procurement Satisfactory 2024-11-21
Project Management Satisfactory 2024-11-21
Overall Implementation Progress (IP) Satisfactory 2024-11-21

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Average cross-border processing time at selected Lao-Vietnam and Lao-Thailand border checkpointsValue2.002.001.00
    DateMay 31, 2022September 15, 2023May 31, 2027
    Comment
  • Travel time along the NR2 WValue4.504.503.00
    DateMay 31, 2022September 15, 2023May 31, 2027
    Comment
  • Time taken to obtain SPS certification for agriculture tradeValue10.0010.005.00
    DateJanuary 22, 2022September 15, 2023May 31, 2027
    Comment
  • Number of people provided with improved climate resilient road accessValue0.000.001000000.00
    DateMay 31, 2022September 15, 2023May 31, 2027
    Comment
  • Beneficiaries expressing satisfaction with transport connectivityValue0.000.0070.00
    DateMay 31, 2022September 15, 2023May 31, 2027
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Percentage increase of traffic passing through the border crossingsValue0.000.0030.00
    DateMay 31, 2022September 15, 2023May 31, 2027
    Comment
  • Numbers of pilot dry-port/consolidation centers developedValue0.000.002.00
    DateMay 31, 2022September 15, 2023May 31, 2027
    Comment
  • Direct project beneficiariesValue0.000.001000000.00
    DateMay 31, 2022September 15, 2023May 31, 2027
    Comment
  • Share of rural population with access to an all-season road in the project areaValue40.0040.0060.00
    DateMay 31, 2022September 15, 2023May 31, 2027
    Comment
  • NR2W improved with climate resilience measures and maintain service level under OPBRCValue0.000.00120.00
    DateMay 31, 2022September 15, 2023May 31, 2027
    Comment
  • Average customs processing time reduction at selected Lao-Vietnam and Lao-Thailand border check pointsValue9.009.004.50
    DateMay 31, 2022September 15, 2023May 31, 2027
    Comment
  • Reduction in time taken for processing permits in agricultural tradeValue0.000.0050.00
    DateMay 31, 2022September 15, 2023May 31, 2027
    Comment
  • Number of approved regulations related to cross-border managementValue0.000.005.00
    DateMay 31, 2022September 15, 2023May 31, 2027
    Comment
  • Multi-modal transport framework establishedValueNoNoYes
    DateMay 31, 2022September 15, 2023December 31, 2024
    Comment
  • Female beneficiariesValue0.000.000.00
    Date
    Comment
  • Standard Operation Procedures (SOPs) for the development of dry-port and consolidation locationsValueNoNoYes
    DateMarch 3, 2022September 15, 2023December 31, 2024
    Comment
  • Accredited labs for SPS for export of agricultural productsValue0.000.001.00
    DateMay 31, 2022September 15, 2023May 31, 2027
    Comment
  • Local roads improved with climate-resilient standards and maintained service level under PBCValue0.000.00349.00
    DateMay 31, 2022September 15, 2023May 31, 2027
    Comment
  • Road safety audit carried out for NR2W and recommendations were consideredValue0.000.00120.00
    DateMay 31, 2022September 15, 2023May 31, 2027
    Comment
  • Number of GoL personnel trained on technical aspects related to multi-modal transport and logistics developmentValue0.000.00100.00
    DateMay 31, 2022September 15, 2023May 31, 2027
    Comment
  • Pedestrian facilities upgraded benefiting adjacent communities, schools, and marketsValue0.000.00100.00
    DateMay 31, 2022September 15, 2023May 31, 2027
    Comment
  • Road safety audit carried out for local roads and recommendations were consideredValue0.000.00349.00
    DateMay 31, 2022September 15, 2023May 31, 2027
    Comment
  • Share of registered grievances related to the delivery of project benefits which are addressedValue0.000.0090.00
    DateMay 31, 2022September 15, 2023May 31, 2027
    Comment
  • Of which is femaleValue0.000.0020.00
    DateMay 31, 2022September 15, 2023May 31, 2027
    Comment
  • Share of women participating in paid maintenance workValue0.000.0020.00
    DateMay 31, 2022September 15, 2023May 31, 2027
    Comment
  • Share of women participating in paid maintenance workValue0.000.0030.00
    DateMay 31, 2022September 15, 2023May 31, 2027
    Comment
  • Percentage of trained GoL staff report medium to intensive use of knowledge and lessons learned from capacity building measuresValue0.000.0070.00
    DateMay 31, 2022September 15, 2023May 31, 2027
    Comment
  • Community participation in monitoring of road construction and maintenance contractsValue0.000.0080.00
    DateMay 31, 2022September 15, 2023May 31, 2027
    Comment
  • Community participation in monitoring of road improvement and maintenance contractsValue0.000.0080.00
    DateMay 31, 2022September 15, 2023May 31, 2027
    Comment
  • Contractor’s workforce trained on ESHS, OHS, GBV Code of Conduct, and HIVValue0.000.00100.00
    DateMay 31, 2022September 15, 2023May 31, 2027
    Comment
  • Contractor’s workforce trained on ESHS, OHS, GBV Code of Conduct, and HIVValue0.000.00100.00
    DateMay 31, 2022September 15, 2023May 31, 2027
    Comment
  • Private capital mobilized under OPBRCValue0.000.0010000000.00
    DateMay 31, 2022September 15, 2023May 31, 2027
    Comment