The efficiency of planning and licencing procedures for the issuance of permits and acquisitions of land required for development.
Permits, approvals and land acquisition processes that are timely, predictable and navigable, and which minimise red tape to appropriate and justifiable levels.
Cost to start a business
Cost to start a business as recorded as a percentage of the economy's income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.
The cost of starting a business can be a critical factor for investors and contractors. Overly complicated cost arrangements or costly processes can discourage potential businesses, including infrastructure ones, from setting up in a country, hindering competition and investment.
29.1%
Quality of land administration
The reliability and transparency of data such as land titles, and the extent of geographic coverage of land administration systems as well as aspects of dispute resolution for land issues.
Quality land administration means reliable and accurate property information is available. Reliable land information can help governments better map the needs to the community, and determine how and where infrastructure projects can be undertaken. Better dispute resolution for land issues can reduce costs and avoid delays in infrastructure projects which often require land acquisition or site assembly.
26.4%
Time required to start a business
The total number of days required to register a firm. The measure captures the median duration that corporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.
A lengthy or expeditious process to set up a business can discourage prospective businesses from setting up in a country, including new infrastructure entities.
19.5%
Registering property
Number of days taken to register a property to gauge the efficiency and cost of the registration process.
Infrastructure projects often involve some transfer of property rights. The longer it takes the register properties, the more costly and risky the project.
17.9%
Dealing with construction permits
The number of days to deal with construction permits to gauge the efficiency and cost of processes that infrastructure companies have to undertake.
Indicates whether permit acquiring processes are rigorous and expeditious processes. Most infrastructure projects require construction approvals. Overly complicated processes can discourage investment in infrastructure, lead to delays and make investment riskier.
7%
Cost to start a business as recorded as a percentage of the economy's income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.
The cost of starting a business can be a critical factor for investors and contractors. Overly complicated cost arrangements or costly processes can discourage potential businesses, including infrastructure ones, from setting up in a country, hindering competition and investment.
29.1%
The reliability and transparency of data such as land titles, and the extent of geographic coverage of land administration systems as well as aspects of dispute resolution for land issues.
Quality land administration means reliable and accurate property information is available. Reliable land information can help governments better map the needs to the community, and determine how and where infrastructure projects can be undertaken. Better dispute resolution for land issues can reduce costs and avoid delays in infrastructure projects which often require land acquisition or site assembly.
26.4%
The total number of days required to register a firm. The measure captures the median duration that corporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.
A lengthy or expeditious process to set up a business can discourage prospective businesses from setting up in a country, including new infrastructure entities.
19.5%
Number of days taken to register a property to gauge the efficiency and cost of the registration process.
Infrastructure projects often involve some transfer of property rights. The longer it takes the register properties, the more costly and risky the project.
17.9%
The number of days to deal with construction permits to gauge the efficiency and cost of processes that infrastructure companies have to undertake.
Indicates whether permit acquiring processes are rigorous and expeditious processes. Most infrastructure projects require construction approvals. Overly complicated processes can discourage investment in infrastructure, lead to delays and make investment riskier.
7%