Improved Cloak of Protection

Improved Cloak of Protection +2 provides a +2 bonus to Armor Class and Saving Throws. Additionally, once per day the wearer can cast Improved Haste and Improved Invisibility. The cloak weighs 3 lbs. This item appears in Baldur's Gate: Enhanced Edition Black Pits. It's sold at the Elan Garaq's Tier 3 Shop.

In Baldur's Gate II: Throne of Bhaal the cloak can be created by Cespenar by giving him a Cloak of Protection +2, a Protection from Normal Weapons Scroll, an Improved Haste scroll, and 20,000 gold.

In-game description
"The abilities conferred by this powerfully enchanted cloak attest to the fact that protection can take many forms — including hiding from view and running away."