Order on Improving the Issuance of Investment Licenses and Business Operation Licenses

Article 1

To: Ministers, Heads of Ministry-Equivalent Agencies, Mayor of Vientiane Capital, and Governors of Provinces Nationwide.
Pursuant to the Law on Government No. 04/NA, promulgated on November 18, 2016;
Pursuant to the Law on Investment Promotion No. 14/NA, promulgated on November 17, 2016;
Pursuant to the Decree on the Organization and Activities of the Investment Promotion and Management Committee No. 05/G, promulgated on January 5, 2018;
Pursuant to the Agreement on the Organization and Activities of the Central-Level One-Stop Investment Service Office and One-Stop Investment Service Coordination Units No. 002/MPI.C, promulgated on August 20, 2018;
Pursuant to the Resolution of the Government Meeting of November 2019 No. 12/G, promulgated on December 16, 2019;
Pursuant to the Proposal of the Ministry of Planning and Investment No. 3143/MPI.Inv6, dated December 31, 2019.
In order to promptly and clearly implement the contents of the Law on Investment Promotion and related laws, particularly to improve the one-stop investment service and business system of the Lao People's Democratic Republic to be more rapid, transparent, and unified; to play a role in investment promotion, management, and facilitation for domestic and foreign businesses; to enhance the effectiveness of law enforcement; to strengthen competitiveness in attracting investment; and to enable private sector investment to actively contribute to national socio-economic development for sustainable growth. The Prime Minister hereby issues an order:
Assigning ministries, ministry-equivalent agencies, and local administrative authorities nationwide responsible for investment promotion and one-stop investment service work in various sectors and central and local units to urgently address and resolve obstacles, timelines, and bottlenecks hindering investment licensing and business operations in the Lao People's Democratic Republic.