Kaysone Phomvihane, featured on the front of our banknote, has been prominent in Laotian politics for the latter half of the 20th century, during the demise of French colonialism and the development of institutions of independence. From 1955 until his death in 1992, he led the Lao People’s Revolutionary Party. From 1975 to 1991 he served as the Prime Minister of the Lao People’s Democratic Republic. From 1991 to 1992, the year of his death, he served as President of the Lao People’s Democratic Republic. He is remembered by the 2011 banknote.
Over his shoulder can be seen the illustration of the Wat Xieng Thong, the Temple of the Golden City. This monastery is major monument to Laotian art and religion and royalty. The structure, doors, ceilings, walls depict scenes from the Buddha’s life, symbols of Buddhist law and the circle of reincarnation, legends of Laos, the tree of life and many other important symbols and scenes.
Above and right of the Wat is the national emblem. Details of the emblem can be seen in this website here.
The hydroelectric power plant in Xeset leverages the mountainous terrain and heavy annual rainfall of Laos. This plant was commissioned in the 1991 with an installed capacity of 20 megawatts.
Laos is classified as a Least Developed Country by the UN. The LDC classification is based upon a reevaluation every three years of the following three criteria: Poverty, Economic Vulnerability, and Human Resource Weakness. Most Laotians live in the countryside and approximately 1/3 of the population has no access to electricity. The geography of the country is considered to present significant hydroelectric power potential. It is 80% hills and mountains, dominated by the Mekong River and its tributaries, and swept by monsoon rains from both sides of the Indochina peninsula. The development of hydroelectric power is seen as a pathway for the improvement of the lives of Laotians. It will enhance the lives of the people and also provide income through the export of power to neighboring nations.