ASEAN KEY DESTINATIONS
South Korean govt to start new rural development project in Laos
The government of the Republic of Korea (ROK) is planning to start a new comprehensive rural development project in Laos.
The plan follows the ROK-Laos summit that took place when Lao President Choummaly Sayasone made an official visit to the ROK from November 21 to 23.
Ambassador of the Republic of Korea to Laos, Kim Soo-Gwon, on December 12 met with the Governor of Savannakhet province, Souphanh Keomixay, and other local government officials to discuss ways to implement the planned programme among other things and they agreed to cooperate closely to ensure the success of the project.
The multi-year project will be jointly carried out by the Korea International Cooperation Agency and the Korea Export and Import Bank.
The ambassador also visited Lahanam village in Songkhone district, which is one of the targeted districts in Savannakhet province and held an interactive session with village residents.
The project is modelled on Korea's own development experiences in the past, Saemaeul Undong, and it will align with the Lao PDR's Sam Sang (Three Builds) policy in terms of ownership and localisation.
The project will boost rural development in the country by building necessary infrastructure and putting in place various programmes designed to improve the quality of life for local people.
Savannakhet province consists of 15 districts in central Laos and shares borders with Vietnam and Thailand.
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