IPD In Brief:

The Investment Promotion Department (IPD), operating under the Ministry of Planning and Investment (MPI), formerly known as the Department for Promotion and Management of Domestic and Foreign Investment (DDFI) from 2004-2007, administers the foreign investment system and reviews investment applications in accordance to the Investment Promotion Law (Amendment 2016). The IPD responsible as well as the Central Investment One-Stop Service Office for screening project, coordinate,  summary, report and and implement activities to attract, promote, protect and manage private sector and Public Private Partnership (PPP) in accordance with the Law on Investment Promotion to harness the country’s potential for socio-economic development.

The IPD is the first stop for providing information on the investment process in Laos and IPD’s primary functions include: promoting Laos as an investment destination, offering investment incentives, screening investment proposals, collecting investment data and monitoring investment practices. The IPD has established a One Stop Service Office “OSSO” to facilitate foreign investors throughout the process of applying for investment licenses. OSSO also offers aftercare services to existing investors and OSSO makes information readily available and provides easy access to the IPD and investment in Laos.

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IPD Organization Chart
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The Government of the Lao PDR established the Committee for Investment Promotion (CIP)[1] at the central and local levels as follows:

Its duty is to promote and facilitate domestic and foreign investments, organize meetings to consider the investment work, research, report, consider, approve or refuse application for investment, amendment, transfer of shares, renewal, improvement, change, cease or cancellation of investment activities or Memorandum of Understanding (MOU), Project Development Agreement (PDA) and Concession Agreement (CA)and others (Article 23: Rights and Duties of CIP in implementing Investment Promotion Law No. 119/PM).

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CIP at central level:

Committee for Investment Promotion, abbreviated to: “CIP” is established to promote and facilitate the work related to domestic and foreign investments in Lao PDR. It consists of Deputy Ministers, Director-General and Deputy Director General, Chief-Vice Chief of Section andtechnical officersfrom concerned ministries appointed by the Prime Minister. The Chair of the central CIP is the Minister of Planning and Investment and the Vice Chair is the Deputy Minister of Planning and Investment who supervises investment work. There is also an Investment Promotion Department (IPD) acting as a Permanent Office with One-Stop-Service (OSS).

CIP at local level:

Committee for Investment Promotion at local levels consists of Head/Section Committee and technical officers from concerned provincial sections appointed by provincial governors. CIP at local levels is presided by provincial governors, Major and vice-presided by provincial vice-governors, Vice Major directing economic work, which utilizes the Provincial Department for Planning and Investment (DPI) as permanent offices with One-Stop-Service (OSS) located in the Investment Unit of the Department for Planning and Investment.

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[1] Roles and functions of CIP at each level are provided for in Articles 22, 23 of Decree on the Implementation of the Investment Promotion Law number 119/PM, dated: 20 April 2011 and the Agreement for Assignment of CIP Number 30/PM, dated: 29 Feb 2012.

Contact information:

Investment Promotion Department (One Stop Service)
Tel: +856 21 217012
Fax: +856 21 215491
IPD1: +856 21 218378
IPD2: +856 21 216662
IPD3: +856 21 216663
IPD4: +856 21 216556
IPD5: +856 21 217014
IPD7: +856 21 219568
Email: ipd-mpilaos@investlaos.gov.la
Investment Promotion Division: ipd2@investlaos.gov.la