ADB to Support Agrifood Systems Transformation in Lao PDR
Lao Peoples Democratic Republic, July 7 -- The Asian Development Bank (ADB) has approved a $65.8 million financing package for the Sustainable Agrifood Systems Sector Project. The project will improve climate resilience, food security, nutrition, and incomes of vulnerable households and communities. It will also strengthen agrifood systems geared toward domestic and export markets for high-value commodities. Investments in financial services, privatized technical services, small-scale infrastructure, and food safety will be provided in support of these objectives.The project will offer financial services nationwide, while technical advisory services and infrastructure will be delivered in Champasak, Salavan, and Xekong provinces in the sout...
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