Article: ADB assist LAO PDR in Developing the Private Sector.

M2 PRESSWIRE-10 October 2007-Asian Development Bank: ADB assist LAO PDR in Developing the Private Sector(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:10102007

MANILA, PHILIPPINES - The Government of Japan and Asian Development Bank (ADB) are assisting in the development of the private sector and small- and medium-sized enterprises in Lao People's Democratic Republic (Lao PDR) to promote sustainable economic development, reduce poverty and create jobs in the Southeast Asian nation.

The Private Sector and Small and Medium-Sized Enterprises Development Program Cluster Subprogram I will use a $5 million grant that ADB will source from its Special Funds ...

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