Investment Climate -LS Licensing

completed

The project will build on many years of regulatory reform collaboration between IFC and the Government of Lao PDR. The project will work with the inter-ministerial Reform Task Force led by Ministry of Planning and Investment (MPI) and other government agencies to carry out targeted reforms. The project is structured into two main component areas as follows: 1. Business Entry and Operation: the project will work with the business regulatory reform taskforce to simplify and streamline procedures for business entry and operation. 2. Improve corporate governance to foster transparency and accountability in business operations through advisory support to drafting of a Securities Law and relevant regulations to improve corporate governance. More specifically, the project will focus on improving regulations on information disclosure, director duties and liabilities, and shareholder rights.