DILI 04 august 2023 (TATOLI)– Deputy Minister of Trade and Industry, Agustu Junior Trindade said the Minister of Trade and Industry will focus on creating an industrial zona in the municipality of Liquica to help the government monitor and regulate regular activities of exports and imports in Timor-Leste.
“The Minister of Trade and Industry believes that Industrial Zones are very important for the government of Timor-Leste to be able to regulate import and export activities. We need a balance between imports and exports of products,” Deputy Trade and Industry Minister Augustu Junior Trindade told reporters in Fomentu, Thursday.
The program has been proven by the National Parliament and has been submitted to the President of the Republic for promulgation.
Previously, Carlos Ximenes, Director General of the Ministry of Trade and Industry, revealed that they had completed a feasibility study for the Industrial park in the municipality of Liquica. This has been designed to take place in Vatuvou and Ulmera, saying Ulmera is the perfect place for an Industrial park.
“The feasibility study was designed by Haberan Unipessoal Lda and PT. ITS TechnoScience from Surabaya Indonesia. The feasibility study has been completed and the results show that Ulmera is the right place to create an industrial park, now we are in the stage of preparing bidding documents consisting of a Detailed Engineering design and a Bill of Quantity (BoQ),” explained the Director.
He added that the progress of the auction would be announced by the National Procurement Commission (NPC). However, it takes five to six months.
He also revealed that during the previous government, around 37 families were affected by the development, therefore the government allocated a total of USD 225,735 as compensation for the affected families.
While for the construction of the Industrial zone, eight governments through the Minister of Trade and Tourism Industry (MTCI) allocated funds of $32 million.
Journalist: José Belarmino De Sá
Editor: Nelia B.
