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| Funder | Unspecified Chinese Government Institution |
|---|---|
| Recipient Organization | Lancang-Mekong Cooperation (LMC) Special Fund |
| Country | Lao People's Democratic Republic |
| Start Date | Jun 27, 2023 |
| End Date | Oct 11, 2030 |
| Duration | 2,663 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 108678 |
In 2023, Laos received funding from the Lancang-Mekong Fund for more than 10 projects.
Some of those projects are: - a project to improve water sanitation (Record ID# 108461) - a project to improve urban waste management and recycling - a project to promote youth vocational training
1. The Lancang-Mekong Cooperation (LMC) mechanism was originally established at the 17th China-ASEAN Summit on November 13, 2014. Then, on March 23, 2016, the Chinese Government announced the establishment of the Lancang-Mekong Cooperation Special Fund which would provide USD 300 million in concessional loans over 5-years (2016-2021) for small- and medium-sized cooperation projects in Cambodia, Laos, Myanmar, Thailand, and Vietnam. Since 2021, each country has signed individual MoU's with the Chinese government to continue financing for projects under the Lancang-Mekong Cooperation Special Fund. It is unclear if the new MoU's are financed through concessional loans as well. Most projects funded through the Lancang-Mekong Cooperation Special Fund (LMCSF) do not contain repayment terms or appear on government agency or company financial statements as borrowings, thus AidData has decided to code post-2021 LMCSF projects as grants.
Lancang-Mekong Cooperation (LMC) Special Fund
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