Provincial Facilitation for Investment and Trade Index

Provincial Facilitation for Investment and Trade Index Synopsis

This report presents the findings of the second Provincial Facilitation for Investment and Trade (ProFIT) survey in the Lao People's Democratic Republic.The ProFIT index aims to measure how well provinces support private sector development, notably through economic governance measures that are under their mandate. 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.