Public-Private-People Partnerships in Lao PDR Forestry Sector

Successive national socio-economic development plans have identified the private sector as the main engine of growth and the government of Lao PDR (GoL) is committed to fostering a transition to a private-sector-led market economy. In line with tha...

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Bibliographic Details
Main Author: World Bank Group
Format: Policy Note
Language:English
Published: World Bank, Vientiane 2021
Subjects:
Online Access:http://documents.worldbank.org/curated/en/408231622443144514/Public-Private-People-Partnerships-in-Lao-PDR-Forestry-Sector-Policy-Note
http://hdl.handle.net/10986/35651
Description
Summary:Successive national socio-economic development plans have identified the private sector as the main engine of growth and the government of Lao PDR (GoL) is committed to fostering a transition to a private-sector-led market economy. In line with that approach, the GoL has pursued an increased role of public-private-people partnerships (PPPPs). However, the GoL’s ambitions are challenged by: no approved PPPP policy; there are still gaps in legal and institutional frameworks; there is a lack of a dedicated funding mechanisms to fund project development costs; there is no formalized mechanism to provide GoL technical and financial support; the institutional capacity is weak; and protracted approval processes are required to the highest levels of Government. As a result, few PPPP projects have been developed and implemented by GoL agencies. This policy note therefore lays out a path to achieve the long-term objectives of the GoL and the detailed policy actions required to realize its vision for PPPPs.