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Asl Associates Pty to set up organic-mineral fertilizers plant in Liquiça

Asl Associates Pty to set up organic-mineral fertilizers plant in Liquiça

The Director of Asl Associates Pty, Lewis Hunter

DILI, 14 november 2022 (TATOLI) – Asl Associates Pty, a private Queensland-based Australian company, says it has considered Liquiça as a pre-preferred site for the installation of its organic mineral fertilizer production plant.

Asl Associates Pty revealed its preferred location after a meeting with the Executive Director of the Investment and Export Promotion Agency, I.P (TradeInvest Timor-Leste), Arcanjo da Silva, who was accompanied by the Director of Investment Promotion, Ezaquiel Babo.

During the meeting, Asl Associates Pty expressed its interest in investing in the country, focusing on the production of organic mineral fertilizer.

“The company plans to invest in the organic mineral fertilizer industry in the country, which will be based in the Liquiça municipality,” Silva told reporters in Dili.

He thanked the company for showing its willingness and interest in meeting with TradeInvest Timor-Leste to explore more about Timor-Leste’s investment mechanism.

Earlier, Asl Associates Pty’s Director, Lewis Hunter, and his team also held a meeting with the President of the Republic, José Ramos Horta, to discuss the investment plan.

The Australian company planned to produce 250,000 tons of organic-mineral fertilizers for domestic use and also for export.

Hunter said the organic-mineral fertilizer plant would create employment opportunities for hundreds of young Timorese: “There is an employment opportunity, and we will have more than 100 employees per plant. So, the young population in Timor-Leste would be excited.”

Journalist: José Belarmino De Sá

Editor: Filomeno Martins

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