Lao PDR, Australia, and ESCAP Launch LIFT 4 Laos to Boost Investment and Economic Resilience
Economic and Social Commission for Asia and the Pacific
“The AUD2.1 million program, funded through the Mekong-Australia Partnership (MAP), aims to strengthen Lao PDR’s capacity to attract high-quality foreign direct investment (FDI), promote sustainable economic development, increase resilience to external shocks, and enhance regional cooperation.”
“LIFT 4 Laos builds on a portfolio of collaboration between ESCAP and the Government of Lao PDR, including the development and implementation of the ASEAN Regional Investment Promotion Action Plan, as well as the successful organisation of the ASEAN Investment Forum 2024 also funded by Australia, which took place in Vientiane during Lao PDR’s ASEAN Chairmanship.”
“A key focus will be the development of a targeted investment promotion strategy and tools tailored to Lao PDR’s priority sectors, including sustainable mining and critical minerals. By fostering stronger regional cooperation and aligning with ASEAN’s investment frameworks, the project will help position Lao PDR as a competitive investment destination within regional value chains.”