As of today, the Lithuanian Development Agency (LDA) has been restructured into two public organizations – INVEST LITHUANIA (IL) and ENTERPRISE LITHUANIA (EL).
As of today, the Lithuanian Development Agency (LDA) has been restructured into two public organizations – INVEST LITHUANIA (IL) and ENTERPRISE LITHUANIA (EL).
The restructure has been made aiming increase the efficiency of the two major functions of LDA, i.e. attraction of FDI to Lithuania and promotion of Lithuanian enterprises’ exports.
INVEST LITHUANIA will be responsible for the attraction of FDI projects, provide investment aftercare services as well as will be in charge of developing Lithuania’s economic image worldwide.
ENTERPRISE LITHUANIA will focus on encouraging Lithuanian producers’ exports and provide support for local small and mid-sized businesses.
The Ministry of Economy of the Republic of Lithuania is the owner of the two new institutions.