The World Bank Implementation Status & Results Report Lao PDR Competitiveness and Trade Project (P164813) Lao PDR Competitiveness and Trade Project (P164813) EAST ASIA AND PACIFIC | Lao People's Democratic Republic | Macroeconomics, Trade and Investment Global Practice | IBRD/IDA | Investment Project Financing | FY 2019 | Seq No: 1 | ARCHIVED on 30-Jan-2019 | ISR35736 | Implementing Agencies: Ministry of Industry and Commerce, Lao People’s Democratic Republic Key Dates Key Project Dates Bank Approval Date: 27-Sep-2018 Effectiveness Date: 10-Dec-2018 Planned Mid Term Review Date: 30-Nov-2020 Actual Mid-Term Review Date: -- Original Closing Date: 31-Dec-2022 Revised Closing Date: 31-Dec-2022 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The Development Objectives are to simplify business regulations, facilitate trade, and improve firm-level competitiveness. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Improving the Business Environment:(Cost $3.40 M) Facilitating Trade and Connecting to Markets:(Cost $2.80 M) Improving Firm-Level Competitiveness:(Cost $3.90 M) Supporting Better and More Inclusive Policies:(Cost $2.90 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO -- Satisfactory Overall Implementation Progress (IP) -- Satisfactory Overall Risk Rating -- Substantial Implementation Status and Key Decisions The project has been declared effective on December 10, 2018, and procurement activities for key contracts are currently under way. Key NIU staff has been hired and the project is on track to start implementing activities. 1/30/2019 Page 1 of 6 The World Bank Implementation Status & Results Report Lao PDR Competitiveness and Trade Project (P164813) Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance Moderate -- Moderate Macroeconomic Moderate -- Moderate Sector Strategies and Policies Moderate -- Moderate Technical Design of Project or Program Substantial -- Substantial Institutional Capacity for Implementation and Sustainability Substantial -- Substantial Fiduciary Moderate -- Moderate Environment and Social Low -- Low Stakeholders Substantial -- Substantial Other Low -- -- Overall Substantial -- Substantial Results PDO Indicators by Objectives / Outcomes Simplify business regulations IN00660837 ►Time needed to start a business (Days, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 67.00 -- 174.00 30.00 Date 31-Oct-2017 -- 31-Oct-2018 31-Oct-2022 During the DB2019 cycle, new data was collected and the indicator was updated, resulting in the increase in estimated time required to start a business. There were no policy changes resulting in this correction of Comments: the indicator value. Facilitate trade IN00660839 ►Time to prepare documentary requirements for imports and exports (Hours, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 216.00 -- 60.00 108.00 Date 31-Oct-2017 -- 31-Oct-2018 31-Oct-2022 1/30/2019 Page 2 of 6 The World Bank Implementation Status & Results Report Lao PDR Competitiveness and Trade Project (P164813) During the DB2019 cycle, new data was collected and the indicator was updated. Together with some small policy changes that reduced regulatory requirements making it easier to prepare documentation and Comments: which were informed by policy dialogue during project preparation, this resulted in the reduction in estimated time required to prepare documentary requirements for imports and exports. Improve Firm-Level Competitiveness IN00660838 ►Sales growth in BAF supported firms compared to non-supported firms (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 20.00 Date 22-May-2018 -- 31-Dec-2018 01-Aug-2022 This component has not yet commenced. Comments: Intermediate Results Indicators by Components Improving the business environment IN00660840 ►Time to obtain ERC from DERM (Days, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 14.00 -- 14.00 5.00 Date 29-Sep-2017 -- 29-Sep-2017 30-Sep-2022 IN00660865 Time for women-led enterprises as percent of men-led enterprises (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 100.00 -- 100.00 100.00 IN00660868 ►Number of operating licenses streamlined (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 30.00 Date 22-May-2018 -- 31-Dec-2018 28-Oct-2022 IN00660872 Number of operating licenses streamlined in sectors of particular interest to women (Number, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 10.00 Date 23-May-2018 -- 31-Dec-2018 31-Oct-2022 IN00660873 ►Procedures to start a business (women) (Number, Custom) 1/30/2019 Page 3 of 6 The World Bank Implementation Status & Results Report Lao PDR Competitiveness and Trade Project (P164813) Baseline Actual (Previous) Actual (Current) End Target Value 8.00 -- 10.00 6.00 Date 27-Oct-2017 -- 31-Oct-2018 31-Oct-2022 During the DB2019 cycle, new data was collected and the indicator was updated, reflecting two additional procedures that had not been counted in prior DB reports, although they already existed. The increase Comments: from 8 to 10 procedures therefore reflects a correction in the indicator value rather than policy changes. IN00660874 ►Number of new enterprise registrations per year (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 6,707.00 -- 6,707.00 7,713.00 Date 29-Dec-2017 -- 29-Dec-2017 30-Dec-2022 More recent data was not yet available. Comments: Facilitating trade and connecting to markets IN00660861 ►Commitments under the Trade Facilitation Agreement implemented by Lao PDR (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 21.00 -- 21.00 60.00 Date 01-Jan-2018 -- 01-Jan-2018 30-Dec-2022 IN00660864 ►Technical Trade Facilitation Secretariat meetings with Private Sector Participation (last 12 months) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 3.00 4.00 Date 01-May-2018 -- 11-Jan-2019 30-Dec-2022 IN00660869 ►Mean time to clear imports, exports, and transit, through customs (Hours, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 9.40 -- 9.40 6.00 Date 28-Jul-2017 -- 28-Jul-2017 28-Oct-2022 Improving Firm-Level Competitiveness IN00660862 ►Total number of grants disbursed (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 300.00 1/30/2019 Page 4 of 6 The World Bank Implementation Status & Results Report Lao PDR Competitiveness and Trade Project (P164813) Date 21-May-2018 -- 31-Dec-2018 30-Dec-2022 The BAF contractor is not yet on board. Comments: IN00660866 Grants to women-led enterprises (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 40.00 Supporting Better and More Inclusive Policies IN00660863 ►Lao Business Fora held per year (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 1.00 -- 1.00 1.00 Date 29-Dec-2017 -- 31-Dec-2018 30-Dec-2022 IN00660867 Issues captured and actioned through the Lao Business Forum that have been raised by women-led enterprises (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 33.30 -- 33.30 40.00 IN00660870 Perception of Lao Business Forum’s effectiveness (Text, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Very effective 31 40 percent perceive Value Very effective 31 percent -- percent LBF as very effective IN00660871 ►Hits on the Lao Trade Portal (Number (Thousand), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 370.60 -- 428.74 400.00 Date 29-Dec-2017 -- 31-Dec-2018 31-Dec-2021 Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P164813 IDA-63180 Effective USD 10.00 10.00 0.00 0.00 9.98 0% Key Dates (by loan) 1/30/2019 Page 5 of 6 The World Bank Implementation Status & Results Report Lao PDR Competitiveness and Trade Project (P164813) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P164813 IDA-63180 Effective 27-Sep-2018 31-Oct-2018 10-Dec-2018 31-Dec-2022 31-Dec-2022 Cumulative Disbursements Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 1/30/2019 Page 6 of 6