Farmers and rural families in Lao PDR will get new support through a $65.8 million package just approved by the Asian Development Bank (ADB), according to a press release. The program aims to help communities grow more food, earn higher incomes, and handle climate challenges better. It will also help groups connect with local and export markets, especially for crops that bring in more money.
The plan uses financial services and new infrastructure to help farmers in provinces like Champasak, Salavan, Xekong, Houaphan, Phongsali, and Xaignabouli. Farmers growing bamboo, coffee, durian, cassava, and tea will get extra help to boost the value of these crops before they are sold.
Most funds—$50 million—come from ADB and regional partners like the ASEAN Infrastructure Fund and the EU-ASEAN Catalytic Green Finance Facility. Grants worth $15.8 million come from the Asian Development Fund, the Green Climate Fund, and other groups that focus on building stronger communities and using better technology.
Shanny Campbell, ADB’s Country Director for Lao PDR, said the project “will benefit rural households and enterprises through higher incomes and enhanced access to markets.” She said this also supports ADB’s focus on better food and nutrition for Asia over the long term.
Lao PDR’s farmers have a chance to grow, but they need more tools and support to compete. This program will help them reach markets, use better practices, and earn more for their work.
