Provincial Facilitation for Investment and Trade Index
Measuring Economic Governance for Business Development in the Lao People’s Democratic Republic-Second Edition
This report presents the findings of the second Provincial Facilitation for Investment and Trade (ProFIT) survey in the Lao People’s Democratic Republic (Lao PDR). It provides a comparative picture of the experiences and perceptions of the business community in complying with government regulations at the subnational level. The report shares analysis in six key areas: (i) ease of starting a business, (ii) transparency and access to information, (iii) regulatory burden, (iv) informal charges, (v) consistency in policy implementation, and (vi) business friendliness of the provincial administration. It notes improvements in the business environment across all provinces because of progress made in registration requirements.