As a part of India’s support to the Initiative for ASEAN Integration (IAI), the Government of India proposed to set up an Entrepreneurship Development Centre based on the advice of the delegation of experts commissioned by The Ministry of External Affairs, Govt. of India.
The Memorandum of Understanding between the Government of Lao PDR and the Government of India for setting up an Entrepreneurship Development Center at Vientiane was signed on 2nd July 2004 at Jakarta, Indonesia.
On 27 Nov 2004, during the ASEAN summit held in Vientiane, the Lao India Entrepreneurship Development Centre (LIEDC) was jointly inaugurated by H E Phimmasone Leuangkhamma, Minister of Education, Lao PDR and H E K.NATWAR SINGH, Minister of External Affairs Govt. of India.