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According to the Bank’s website, the objective of this project is to improve the efficiency of Lao PDR’s regulatory environment for business entry and trade facilitation through digitalization of procedures.
The proposed RETF activities reinforce the complementarity of paperless trade and business entry automation in Lao PDR. The proposed project is designed to build on the successes of Lao Competitiveness and Trade Project (LCTP1) and seeks to further reduce regulatory challenges in business entry and operation and address Lao PDR's high trade costs hindering a more competitive and diversified export sector. The RETF activities are clustered into three components.
Component 1. Trade Facilitation. This component will strengthen inter-agency coordination mechanisms and supporting implementation of initiatives to improve trade facilitation performance. It will also provide expert advice and capacity-building to assist in implementing the Information, Communication and Technology ( ICT) Roadmap and support the better integration of ICT initiatives, as well as the adoption of a paperless trade regime.
Component 2: Business environment. This component will enhance business entry by upgrading the electronic business registration system (eBRS) and strengthen the institutional capacity of the LNCCI to better equip the Lao Business Forum (LBF) Secretariat and relevant working groups to ensure the effectiveness of policy implementation and the sustainability of LBF.
Component 3: Project Management. This Component will provide technical and operational assistance for implementation, monitoring, and evaluation of the project, including fiduciary aspects. Additionally, this component will provide support for gender and disability, communication, compliance monitoring of environmental and social aspects.
The project is advisory/digital in nature with no civil works and no confirmed financing of physical ICT goods or office operations leading to a Low environmental risk, site-specific, and readily manageable. Main potential impacts are minor resource use and waste from trainings/events and possible downstream considerations in TOR-driven analytics. If any equipment or materials are later financed, low-level risks could arise from e-waste, packaging, and energy use; these would be mitigated through proportionate measures embedded in TORs/procurement and the POM/ESCP, applying WBG EHS Guidelines and, if needed, a simple Electronic Waste Management Plan to ensure lawful handling and disposal. No significant, irreversible, or cumulative impacts are expected. The social risk is also assessed to be low considering the advisory/digital nature of project activities with no civil works, land acquisition, involuntary resettlement, livelihood or adverse impacts on IPs.
Total Project Cost: US$ 4.99 million
Trust Funds: US$ 4.99 million
CONTACT POINT - World Bank
Task Team Leader: Julian Casal
Title: Lead Financial Sector Economist
Email: jcasal@worldbank.org
TTL Contact: Soujanya Krishna Chodavarapu
Job Title: Senior Private Sector Specialist
Email: schodavarapu@worldbank.org
TTL Contact: Konesawang Nghardsaysone
Job Title: Economist
Email: knghardsaysone@worldbank.org
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