600156 - Lao Roads PPP

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Summary of Advisory Services Project Information

Project Number

600156

Primary Business Area

Public-Private Partnerships Transaction Advisory

Disclosure Date

Feb 5, 2014

Country

Lao People's Democratic Republic

Region

East Asia and the Pacific

IFC Approval Date

Dec 10, 2013

Status

Completed

Estimated Total Budget

$1,173,325.00
(Project budget includes all project-funded activities)

Last Updated Date

Jun 12, 2021

Project Estimated End Date

Jun 30, 2015

Project Description

IFC will provide transaction advisory support to the Government of Lao People's Democratic Republic through its Ministry of Public Works and Transport to select, through a competitive tender, a private investor that will implement a road project through a Public Private Partnership. This will include the improvement of safety aspects and expansion of a 43km section along the 13N road and of a 60km section along the 13S road. The project is a critical component in the country's infrastructure agenda and will strengthen its links with neighboring countries in the region. IFC will conduct its mandate in two phases. In phase one, IFC will carry out due diligence for the project and will present the proposed transaction structure to the Government. Phase two shall commence upon approval of the proposed transaction structure by the Government by which IFC will assist in the implementation of an open and transparent competitive bid to select a private developer for the project.

Development Results

The objective of this project is to assist the Government of Lao People's Democratic Republic with structuring and implementing a successful tender process for the selection of a private concessionaire who will improve, operate and maintain a 43km section of the 13N road and 60km section of the 13S road. Successful implementation of the project will improve access to road infrastructure for Lao and foreign drivers and will facilitate trade and tourism in the country.

Indicator	Calendar Year 2020 Results	Cumulative Results as of 2020
Number of bids conducted	Not Available	Not Available
Number of agreements (concession, etc.) signed	Not Available	Not Available

E&S Risks / Impacts and Mitigation

<table><tr><th>PerformanceStandard</th><th>Description and Potential Impact</th><th>Mitigation</th></tr><tr><td>PS1. Assessment and Management of Environmental and Social Risks and Impacts</td><td>Aspart of its Due Diligence, and as mandated by IFC''s Sustainability Policy,IFC team will screen this project to assess consistency with IFC''s PerformanceStandards.</td><td>IFC''s advice will be provided in a mannerconsistent with the principles of the relevant Performance Standards. TheIFC team will assist the client, as the final decision maker, in gaininga good understanding of IFC''s Performance Standards. An update
on the mitigation measures will be provided when the project has beenawarded and the relevant contracts have been signed.</td></tr><tr><td>PS2. Labor and Working Conditions</td><td>As part of its DueDiligence, and as mandated by IFC''s Sustainability Policy, IFC team willscreen this project to assess consistency with IFC''s Performance Standards.</td><td>IFC''sadvice will be provided in a manner consistent with the principles of therelevant Performance Standards. The IFC team will assist the client, asthe final decision maker, in gaining a good understanding of IFC''s PerformanceStandards. An update
on the mitigation measures will be provided when the project has beenawarded and the relevant contracts have been signed.</td></tr><tr><td>PS7. Indigenous Peoples</td><td>As part of its Due Diligence,and as mandated by IFC''s Sustainability Policy, IFC team will screen thisproject to assess consistency with IFC''s Performance Standards.</td><td>IFC''sadvice will be provided in a manner consistent with the principles of therelevant Performance Standards. The IFC team will assist the client, asthe final decision maker, in gaining a good understanding of IFC''s PerformanceStandards. An update
on the mitigation measures will be provided when the project has beenawarded and the relevant contracts have been signed.</td></tr><tr><td>PS5. Land Acquisition and Involuntary Resettlement</td><td>Aspart of its Due Diligence, and as mandated by IFC''s Sustainability Policy,IFC team will screen this project to assess consistency with IFC''s PerformanceStandards.</td><td>IFC''s advice will be provided in a mannerconsistent with the principles of the relevant Performance Standards. TheIFC team will assist the client, as the final decision maker, in gaininga good understanding of IFC''s Performance Standards. An update
on the mitigation measures will be provided when the project has beenawarded and the relevant contracts have been signed.</td></tr><tr><td>PS4. Community Health, Safety and Security</td><td>As part ofits Due Diligence, and as mandated by IFC''s Sustainability Policy, IFCteam will screen this project to assess consistency with IFC''s PerformanceStandards.</td><td>IFC''s advice will be provided in a mannerconsistent with the principles of the relevant Performance Standards. TheIFC team will assist the client, as the final decision maker, in gaininga good understanding of IFC''s Performance Standards. An update
on the mitigation measures will be provided when the project has beenawarded and the relevant contracts have been signed.</td></tr><tr><td>PS6. Biodiversity Conservation and Sustainable Management of Living NaturalResources</td><td>As part of its Due Diligence, and as mandatedby IFC''s Sustainability Policy, IFC team will screen this project to assessconsistency with IFC''s Performance Standards.</td><td>IFC''sadvice will be provided in a manner consistent with the principles of therelevant Performance Standards. The IFC team will assist the client, asthe final decision maker, in gaining a good understanding of IFC''s PerformanceStandards. An update
on the mitigation measures will be provided when the project has beenawarded and the relevant contracts have been signed.</td></tr><tr><td>PS3. Resource Efficiency and Pollution Prevention</td><td>Aspart of its Due Diligence, and as mandated by IFC''s Sustainability Policy,IFC team will screen this project to assess consistency with IFC''s PerformanceStandards.</td><td>IFC''s advice will be provided in a mannerconsistent with the principles of the relevant Performance Standards. TheIFC team will assist the client, as the final decision maker, in gaininga good understanding of IFC''s Performance Standards. An update
on the mitigation measures will be provided when the project has beenawarded and the relevant contracts have been signed.</td></tr></table>

This Summary of Advisory Services Project Information (ASPI) is prepared by IFC to disclose a factual summary of the main elements of this advisory services project. It may also include findings and recommendations related to environmental and social considerations regarding this project. The purpose of the ASPI is to enhance the transparency of IFC's activities. For any project documentation or data included or attached herein, whether prepared by the project sponsor or otherwise, authorization has been given for public release by the client. IFC considers that this ASPI is of adequate quality for release to the public, but has not necessarily independently verified all of the project information therein.
It is distributed within sixty days of project's approval and may be updated periodically afterwards. Total budget and start dates are estimates only. The following ASPI is disclosed in accordance with IFC's Access to Information Policy (AIP) that went into effect on January 1, 2012.

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