General

New Programme Launched To Improve Competitiveness Of Agro-Microenterprises In Laos

Mr. Sypaphai Xaisongkham (seated on right), Director General of Department of Technical Extension and Agro-processing, joins Ms. Sophie Walker (seated on left), Chief of Party ACDI/VOCA Laos, to sign the MOU while U.S. Charge d’Affaires Colin Crosby (standing, fourth from left) and Dr. Bounkhouang Khambounheaung (standing, fifth from left), Vice Minister of Agriculture and Forestry, witnesses the October 4 event in Vientiane.

(KPL) Most recently, the Lao government and the United States launched the Laos Microenterprise Project, which is funded by the United States through the U.S. Agency for International Development (USAID).

On October 4, 2019, the Lao Government through the Ministry of Agriculture and Forestry signed a memorandum of understanding (MOU) with ACDI/VOCA, USAID’s implementing partner for the project.

The United States continues to help the Lao PDR strengthen the country’s agricultural sector through a broad range of programmes.

Mr. Sypaphai Xaisongkham, Director General of Department of Technical Extension and Agro-processing, joined Ms. Sophie Walker, Chief of Party ACDI/VOCA Laos, to sign the MOU while U.S. Charge d’Affaires Colin Crosby and Dr. Bounkhouang Khambounheaung, Vice Minister of Agriculture and Forestry, witnessed the event.

Today’s signing reaffirms our commitment to helping the Government of Laos achieve the country’s development goals, said Charge d’Affaires Crosby. For both the United States and Laos, agriculture is essential for our economies and is an important part of both of our cultures. We are proud to support the Lao agricultural sector and boost the country’s trade and economic growth through its microenterprises.

This five-year project focuses on developing efficient, effective, and competitive agricultural microenterprises that will help farmers operate on business principles.

Implemented in Xieng Khuang Province, the project will train farmers and agricultural microenterprises to respond to market needs, increase market linkages, and improve access to finance. This programme has invested more than US$6.9 million over five years, and is the latest in a long series of efforts to support the Lao agricultural sector.

With this new investment, the United States is currently supporting two multi-year agriculture assistance programmes, worth more than US$15.9 million.

In addition to this project, the United States also works in partnership with the government and citizens of Laos in many areas to improve education, promote health and nutrition, facilitate trade and investment, and strengthen the rule of law.

Source: Lao News Agency