The Government of Japan has provided US$19.4 million to improve facilities and laboratory equipment of the Faculty of Engineering, National University of Laos.
An agreement on the funding from the Japanese government was signed at the Ministry of Foreign Affairs in Vientiane on Mar 15.
The agreement was signed by Deputy Minister of Foreign Affairs Mr Phoxay Khaykhamphithoune and the Japanese Ambassador to the Lao PDR, Mr Kenichi Kobayashi.
The assistance is part of a programme to assist Laos which was announced by Japan’s Prime Minister Kishida Fumio during telephone talks with Lao Prime Minister Phankham Viphavanh on Mar 1.
The funding demonstrates Japan’s commitment to supporting Laos’ priorities including its 9th National Socio-Economic Development Plan 2021-2025.
The project aims to upgrade the quality and capacity of human resources to international standards, and to meet the current demands of labour market.
Addressing the signing ceremony, Mr Phoxay expressed his gratitude and appreciation for the cooperation and assistance of the government and people of Japan, saying it is a significant contribution to the development of Laos, especially to improving the living standards of Lao people.
Ambassador Kobayashi also pledged to continue to work with Laos to promote the long-standing friendly relations and cooperation between the two countries.
Source: Lao News Agency