Vientiane City Smart Public Transportation System Construction

business overview

Country (trade office) Laos (Vientiane)
Project name Vientiane City Smart Public Transportation System Construction
Business Category Transportation/Logistics
Overseas ordering company Vientiane City Department of Public Works and Transport
Transport, Vientiane Capital)
project schedule Second half of 2021
financing Asian Development Bank (ADB) Loan
Scale $4,700 million
Project period June 2022 to December 7

Detail

Main Content
  • This project aims to build a smart bus fare system and control center for the purpose of establishing a public transportation system in Vientiane.
    – Electric bus-based introduction Planned to be promoted in conjunction with projects such as establishment of public transportation depots
  • The bidding was originally scheduled to take place at the end of 2019, but the project was delayed due to the COVID-19 pandemic, and the schedule is being further delayed due to local lockdown measures.
Reason for selection
  • Possibility of business participation by domestic companies
  • ADB financial support enables stable business without government financial concerns

entry plan

opportunity factor
  • Korea has an excellent public transportation system in the world, so it is easy to win orders
  • Package entry possible through cooperation between domestic companies in each public transportation business sector
Threats
  • Business delays continue as local lockdowns continue to spread due to COVID-19
  • Partnership with local companies is important due to the lack of transportation-related statistical information
local collaboration
possible company
Other notes
  • Identify local information and establish a cooperative system by searching for local partners
  • Aiming to win package orders, promote joint ventures with other domestic companies