Vientiane, 17th November 2017 – Department of Medium and Small Enterprises Promotion (DOSEMEP), Ministry of Industry and Commerce held a Project Review Committee Meeting on key features of the progress of Lao Small and Medium-sized Enterprises Access to Finance Project (A2F Project). The meeting was chaired by Mr. Sa Siriphong, Deputy General Director, Department of Small and Medium Enterprise Promotion. Representatives from relevant parties, both public and private sector, attended the meeting.


The Project Review Committee Meeting aimed to report the overall implementation progress, and review the project activities during last six months. In addition, the project work plan for 2018 was discussed in the meeting. The reviewed and agreed work plan will be submitted to the PEC for consideration and endorsement.

In the meeting, Mr. Phetanong Insarn, Deputy of SME Promotion Division, presented the project progress report in last six months, 2017, and a presentation on the strategic plan for 2018. Followed by the reports of sub-loans disbursement for SMEs in Lao PDR from Participating Financial Institutes, Lao-China Bank, ST Band and Sacom Bank.

Small and Medium-sized Enterprises Access to Finance Project is supported by the World Bank. The project focuses on helping SMEs to access to long-term financial sources. The project has been operated since October 2014, and scheduled to end on June 2019.

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