Private investment is one of the key drivers of the Lao DPR’s economic development. To ensure that the country receives quality investment that maximize the country’s potentials and minimize the environmental and social impact, the Poverty-Environment Action for Sustainable Development Goals in Lao PDR, in cooperation with Investment Promotion Department (IDP), Ministry of Planning and Investment, has been working to enhance the efficiency of investment selection, investment promotion and investment monitoring. Hence, the financial model to evaluate Agriculture and Tourism concession investment proposals had been developed.
From 30 November to 3 December 2021, Poverty-Environment Action and IPD organized the training on Investment Financial Model and Investment Negotiation, which trained the government officials to effectively use financial tool in assessing the feasibility of investment, risks, negotiation and financial benefits for the government. 20 participants from Investment Promotion Department, Ministry of Agriculture and Forestry and Ministry of Information, Culture and Tourism participated in the training.