Laos Farad capacitor production

Why are manufacturing enterprises growing in Laos?

Therefore, the growth of manufacturing enterprises in Laos is highly likely to be constrained by multiple factors, especially the poorly equipped workforce, tax rates, access to financing, tax regulations, inadequate supply of infrastructure and corruption ( World Economic Forum, 2018 ).

Where is Iskra capacitor factory located?

The company is headquartered in Slovenia (Slovenia) in the capital city of Ljubljana (Ljubljana), the factory is located in Slovenia (Slovenia) in the beautiful city of Semic, ISKRA capacitor business unit has 670 employees, the production of capacitor products in the plant area of 26,000 square meters.

Why is Lao manufacturing less competitive than Cambodia?

As a whole, Lao manufacturing is less competitive in the region because of its low labor productivity – lower than Cambodia's by 10% and almost half of that of Vietnam ( World Bank Group, 2018, p. 9). Fortunately, the labor productivity in the garment industry is comparable to its regional peers, whereas the same in food processing is much lower.

Does FDI influence the growth of the Lao economy?

With a similar result, Nolintha and Yee (2015), who used the time series data of the Lao economy during 1991–2010 based on the ordinary least square (OLS) estimation, revealed that the growth of the Lao economy is predominantly influenced by capital input rather than labor input, especially by the FDI in the resource sector.

How has the Lao economy deteriorated?

This had further deteriorated the growth of the Lao economy and its overall productivity. According to the Asian Productivity Organization (2020, p. 52), the productivity of the Lao economy, indicated by the total factor productivity (TFP), had reduced by 1.1% during the 2010–2018 period along with its neighbors, including Cambodia and Myanmar.

Where are the most paved roads in Laos?

In 2017, for instance, the percentage of paved roads in Vientiane, the capital city of Laos located in the central region, was the highest (40.2%), while it was low in provinces such as Phongsaly (10.5%) and Huaphanh (13.4%) in the north region.