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Kuwait company AIDCO is interested  to invest potential in four fields in Timor-Leste

Kuwait company AIDCO is interested  to invest potential in four fields in Timor-Leste

TradeInvest Timor-Leste (PHoto/Special)

DILI, 31 january 2023 (TATOLI)- A company from Kuwait, Al-Bader International Development Company W.L.L (AIDCO) visited Timor-Leste to discuss four main areas for potential future investment.

Previously on January 28, 2023, the Investment and Export Promotion Agency, TradeInvest, had facilitated Al-Bader International Development Company W.L.L from Kuwait to visit Timor-Leste for four days.

“During the meeting, it was discussed about areas of interest from companies and exploring potential cooperation with the Government in the fields of oil, transportation, education, and infrastructure,” explained Director of Investment Promotion TradeInvest, Ezequiel da Costa Belo, via the official website accessed by Tatoli.

During the visit, TradeInvest accompanied and facilitated various meetings with related agencies such as the Coordinating Ministry for Economic Affairs (MKAE), Ministry of Oil and Minerals (MPM), Ministry of Transportation and Communication (MTK), Ministry of Higher Education, Science and Culture, Ministry of Public Works, Timor GAP, National Communications Authority (ANC), and others.

AIDCO was founded in 2005 to meet the growing demand for development and modernization through major projects in the Middle East and Africa. AIDCO has implemented various agreements and joint ventures with various International Companies.

The Al-Bader Group of Companies is a landmark in Commerce, Development, I.C.T, Travel & Leisure, Medical & Dental Supplies, Scientific Instruments, Pharmaceuticals, Computer Training, Insurance, and Stationery & Office Supplies.

 

 

Journalist: José Belarmino De Sá

Editor: Nelia B.

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