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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Format: | Policy Note |
Language: | English |
Published: |
World Bank, Vientiane
2021
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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 |
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. |
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