WB Provides US$ 25 M Supporting Water Resources Management in Laos

27/07/2017 09:42
Email Print 3460
KPL (KPL) The Ministry of Finance and the World Bank on Wednesday, Jul 26 signed an agreement for financing support of US$25 million as additional funding for the Mekong Integrated Water Resources Management (MIWRM) Project.

(KPL)  The Ministry of Finance and the World Bank on Wednesday, Jul 26 signed an agreement for financing support of US$25 million as additional funding for the Mekong Integrated Water Resources Management (MIWRM) Project.

This additional support will continue to improve the country's national water resources management systems.

“Supporting integrated water resources management practices in the lower Mekong basin is a high priority in our partnership with the Lao PDR as we seek to support the government's commitment to green growth, including the sustainable management of rivers,” said Ms.Ellen Goldstein, new World Bank Country Director for Cambodia, Lao PDR, and Myanmar.

During her first visit to Laos, Ms. Goldstein met with key stakeholders, including Minister of Finance Somdy Douangdy.

'Managing natural resources in a way that sustains Lao PDR's rich fisheries, wetlands and aquatic resources, will be key to accelerated and inclusive growth in the country,' she said.

The water management project aims to develop a national level water resources management system under the Ministry of Natural Resources and Environment and the Ministry of Agriculture and Forestry to sustainably manage irrigation, fisheries, hydropower, and water supply resources, while protecting the environment and reducing flood and drought risks associated with climate change. Some of the activities supported are development of regulations to support implementation of the recently amended Water Law, establishing a national early warning center and national water quality laboratory programme, and assessing water availability under different climate conditions, and assisting the government in strategic planning of water resources.

The first phase of the project, approved in 2012, developed the building blocks for integrated water resources management including drafting of the new Water Law and river basin modeling, provided sustainable irrigation for over 14,000 ha of land, improved flood control infrastructure, including 4 modified flood gates, and introduced community fisheries through 30 Fisheries Management Committees.

The additional financing extends this project to 2021 and seeks to build upon these foundations.

KPL

ຂ່າວອື່ນໆ

    • Society Promotes the Use of KipEconomics

      Society Promotes the Use of Kip

      7/25/2024 9:31:52 PM

      (KPL) The Bank of the Lao PDR (BOL) has welcomed the growing public awareness of the importance of using the Lao kip for domestic transactions. Merchants are encouraged to use the kip widely, a practice which is commendable and has been positively received by society.

    • Laos, Thailand launch passenger train servicesEconomics

      Laos, Thailand launch passenger train services

      7/20/2024 6:18:41 PM

      (KPL) Today witnessed the opening of the passenger train services between Vientiane of Laos and Bangkok of Thailand. The launching ceremony was attended by Deputy Minister of Public Works and Transport of Laos, Mr. Saysomkham Manotham, and Deputy Minister of Transport of Thailand, Mr. Surapong Piyachote, along with representatives from both countries.

    • Vietjet reaches agreement to enhance Vietnam-Laos air transport connectivityEconomics

      Vietjet reaches agreement to enhance Vietnam-Laos air transport connectivity

      7/12/2024 8:46:06 AM

      (KPL/VNA) Vietnamese airline Vietjet and the Ministry of Public Works and Transport of Laos on July 11 announced an agreement to boost air transport connectivity between Vietnam and Laos.

    • Lao Government strives to control inflationEconomics

      Lao Government strives to control inflation

      7/9/2024 12:10:30 PM

      (KPL/VNA) The Prime Minister of Laos has issued a decision on the establishment of a special committee tasked with studying and addressing rising goods prices and inflation.

    • Export promotion, important to resolving economic problemsEconomics

      Export promotion, important to resolving economic problems

      6/14/2024 12:09:44 PM

      (KPL) Export promotion plays an important role in addressing the country’s economic difficulties as it can resolve many problems at the same time including problems with trade balance, currency balances, inflation, exchange rates, foreign reserves and debts.

ຂ່າວ KPL Laos News

Top