Aero Dili presented an investment proposal to Trade Invest

Aero Dili presented an investment proposal to Trade Invest

The Executive Director of TradeInvest Timor-Leste, Arcanjo da Silva. Tatoli's image//Francisco Sony

DILI, 03 march 2023 (TATOLI)- The Investment and Export Promotion Agency I.P (TradeInvest Timor-Leste) facilitated Aero Dili, Unipessoal, Lda to present private investment proposal for investing in the tourism sector with a focus on Tour Operation Activities.

Trade Invest is the Government agency responsible for promoting, facilitating, and monitoring private investment and export in Timor-Leste under Law Decree no. 58/2022.

“The purpose of presenting this investment proposal is for the government through the authorized directorate to carry out technical studies on the business plans of companies submitting applications for Declaration of Benefits based on Private Investment Law Number 15 of 2017,” explained the Executive Director of PT. Trade Invest, Arcanjo da Silva through the official website seen by Tatoli.

Currently, the Government Agencies through related agencies congratulate the Director of AERO Dili Company, Lourenço de Oliveira for the investment and the successful launch of the Timor-Leste flagged aircraft in the world through private investment in Aero Dili.

Submission of investment proposals was led by the Executive Director of Trade Invest Timor-Leste, Arcanjo da Silva, and attended by relevant agencies such as ministries, Customs Authority, ANLA, AACTL, Ministry of Tourism, and others.

Aero Dili is a charter airline from East Timor. The airline commenced operations on 30 August 2018. The airline has its main hub at Presidente Nicolau Lobato International Airport in Dili and its fleet consists of one Cessna 207 aircraft and one Cessna 172 aircraft.

Aero Dili is the first airline in Timor-Leste to be awarded an Air Operator Certificate (AOC) by the Civil Aviation Authority of Timor-Leste (AACTL) for domestic operations.

On March 20, Aero Dili officially launched an aircraft with flight number A320 as the first Timor-Leste flagged aircraft for international routes.

Previously, the Minister of Transportation and Communication (MTK), José Agostino revealed that although it has been launched, currently AERO Dili cannot operate because it has to wait for a flight permit from the country concerned.

“AERO Dili will fly to Malaysia, Indonesia, Singapore, and Australia, but currently they have to have permission from these countries. As far as I know, the longest time to grant a permit is 90 days, but it can be shorter depending on the ongoing process. ,” he explained.

The Minister of Transportation also revealed that the administration and licensing process from Timor-Leste for AERO Dili itself had been completed since it was launched.



Journalist: José Belarmino De Sá

Editor: Nelia B.


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