Deadline: 25-Jun-2020 at 11:59:59 PM (Eastern Time – Washington D.C.)
The Government of Lao PDR (GOL) has established a policy direction for poverty alleviation and graduation from the list of Least Developed Countries. To achieve this goal, GOL will need to continue to expand and improve infrastructure to support social and economic development and prepare a strong basis for industrialization and modernization. To help mobilize private sector investment and commercial lending GOL has revised its Investment Promotion Law and recently approved a PPP Decree as a secondary law to supplement the Investment Promotion Law. However, further actions will be needed to strengthen the enabling environment for PPPs in Lao PDR. Therefore, GOL has requested support from the World Bank to help strengthen the PPP enabling environment and support capacity building across the PPP lifecycle, including support on managing Unsolicited Proposals and PPP related Fiscal Commitments and Contingent Liabilities.