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

Job Description

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 bid was originally scheduled to be carried out at the end of 2019, but the project was delayed due to the corona pandemic, and the schedule was 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
  • Prolonged delay in project implementation as local lockdown measures continue due to the spread of Corona
  • 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