October 16, 2025, Vientiane, Lao PDR
The Ministry of Education and Sports of the Lao People's Democratic Republic formally awarded PHENGSUVANH Trading and Construction Sole Co., Ltd. a contract worth LAK 14,517,174,650 for the supply of agricultural tools under the Lao PDR Priority Skills for Growth Project (Project ID: P172774) in an effort to improve the country's agricultural education and vocational capabilities.
The contract, designated by reference C2.2-G-4, was financed by the International Development Association (IDA) under credit number IDA-70420 and awarded using the Request for Bids (RFB) procurement method. On October 16, 2025, the award was formally announced, with a two-month contract period.
Scope and Goals of the Contract
The contract that was awarded will supply and deliver agricultural tools to Lao PDR's Skills Development Institutions (SDIs) and Skills Development Centres (SDCs). By giving students and trainees access to cutting-edge equipment that is in line with contemporary agricultural practices, these tools are anticipated to increase the capacity of vocational training facilities.
This programme is part of the larger Priority Skills for Growth Project, which aims to provide Lao youth with technical skills relevant to the industry, especially in agriculture, which continues to be a vital sector of the nation's economy.
PHENGSUVANH Trading and Construction Sole Co., Ltd. was the winning bidder.
PHENGSUVANH Trading and Construction Sole Co., Ltd. is a local business with its headquarters located in Thakhek, Khammouane Province. It is well-known for its involvement in construction, equipment supply, and trading services. LAK 14.5 billion was the company's evaluated and signed contract price, indicating competitive bidding and alignment with project cost expectations.
Economic and Developmental Importance
The award represents a calculated investment in Lao PDR's development of agricultural skills and human capital. The government hopes to increase productivity, modernise rural livelihoods, and match workforce training with the nation's long-term development strategy by supplying vocational centres with necessary tools and equipment.
Officials anticipate that the contract's brief implementation window will allow for a quick rollout of equipment delivery, guaranteeing that training programmes can make use of the new tools in forthcoming academic sessions.
Concerning the Growth Priority Skills Project
The World Bank-backed Lao PDR Priority Skills for Growth Project aims to improve the nation's workforce preparedness, encourage private sector cooperation in skill development, and meet labour market demands in important growth sectors like construction, services, and agriculture.
Current Contract Awards and Government Tenders in Lao PDR TendersOnTime
- TendersOnTime is your go-to resource for the most recent contract awards, RFPs, RFQs, and government tenders in Lao PDR.
- Visit TendersOnTime to stay informed about the most recent public procurement opportunities and tender notices in Lao PDR.
- TendersOnTime has all of the Lao PDR government tenders, eProcurement updates, and contract award notices.
- TendersOnTime, the worldwide tender portal, offers live tenders, bids, and procurement opportunities in Lao PDR.
- TendersOnTime provides you with contract awards, procurement news, and verified tenders from Lao PDR and around the world.
Tags
#Lao PDR contract award, #procurement news, #government contracts, #awarded tenders, #World Bank projects, #agriculture equipment tender, #skills development, #IDA-funded projects, #PHENGSUVANH Trading, #Lao education sector, #Khammouane Province
