The Timor-Leste Strategic Development Plan is a twenty year vision that reflects the aspirations of the Timorese people to create a prosperous and strong nation. The plan has been developed to inspire change, to support bold collective action and to plan for a better future.
To build the country and provide jobs and income for Timorese people, Timor-Leste has been developing the conditions to attract investors to our key industry sectors, partner with international firms in building our infrastructure and support local firms to start-up and grow.
Potential investors must have confidence that they are entering a competitive, fair and open business environment and have certainty about our business and investment regulations and processes. At the same time, we have to make sure that we retain control of our resources and assets, and set directions for their development that benefit all our people.
As discussed in the Strategic Development Plan, there are many potential business opportunities for investors in areas such as major infrastructure projects: airports, ports and the national road network, cultural and craft products, tourism, agriculture, including coffee and rice, and the petroleum industry. China, has granted Timor-Leste zero-tariff treatment since October 1st, 2008. Several other preferential tariff in Europe, USA and Australia also has made Timor-Leste competitive in international market.A number of new economic policy directions will underpin Timor-Leste’s future growth and development to ensure that all our people benefit from this development. These directions will include reforms to improve the business and investment environment in Timor-Leste, provide better access to micro finance and create a new National Development Bank.
Investment Opportunities: Petroleum and Gas –Onshore & Offshore, Civil Construction – Hospitals, Schools, Social Housing, Infrastructure – Airports, Ports and Road works, Forestry and Animal Husbandry, Fishing, Tourism, Energy Sector, Transportation
Foreign Investment Law:
http://timor-leste.gov.tl/wp-content/uploads/2010/03/Law_2005_5_Foreign_Investment_Law_.pdf
For more information about Business & Investment Laws:
http://timor-leste.gov.tl/?cat=29&page=1&lang=en
For more information about Current Tenders:
http://www.mof.gov.tl/category/current-tenders/?lang=en
For more information about Oil & Gas:
http://www.anp-tl.org/
Central Bank of Timor-Leste:
http://www.bancocentral.tl/en/main.asp