Press Release
NEDA Participates in the Final Report Presentation Meeting for the Detailed Design of the Chiang Man-Luang Prabang Bridge Construction Project in Lao PDR

          On March 7-8, 2023, the Neighbouring Countries Economic Development Cooperation Agency (NEDA), led by Mr. Perames Vudthitornetiraks, President of NEDA, and Mr. Kirati Veruwan, NEDA’s Vice President, in their capacity as the Chairmen of the Committee for the Acceptance of the Detailed Design Project for the Construction of the Chiang Man–Luang Prabang Bridge in Lao PDR, along with the Lao PDR side, led by Mr. Blongvang Wangchiaxa, Director of the Department of Public Works and Transport of Luangprabang Province, and Mr. Sysouphanh Chansavat, Deputy Director-General of the Department of Highways, together with delegations from NEDA and Lao PDR, attended the meeting to present the final report of the Output and Performance-Based Road Contract (OPBRC) at the meeting room of the Department of Public Works and Transport in Luang Prabang, Lao PDR. On this occasion, representatives from NEDA, Lao PDR, and advisors also conducted additional site inspections of the project area. The project in question represents a cooperative academic effort by NEDA to assist Lao PDR in exploring comprehensive financial cooperation strategies for sustainable development under the OPBRC model, which aims to establish a construction contract management framework focused on performance. This model assigns the responsibility of both construction and maintenance of the project to the construction operators to promote the project’s sustainability.