BUSINESS, INTERNATIONAL

Ten international companies express interest to invest in Timor-Leste

Ten international companies express interest to invest in Timor-Leste

Timor-Leste Internaitonal Business Fourm 2023/Image TATOLI

DILI, 29 november 2023 (TATOLI) – The Government of Timor-Leste, through the Deputy Prime Minister, Coordinating Minister for Economic Affairs, Minister for Tourism and Environment, Francisco Kalbuadi Lay, in collaboration with the Chamber of Commerce and Industry Timor-Leste (CCI-TL), confirmed that 10 foreign investors have expressed interest to invest in the country, following the Timor-Leste International Business Forum, which took place in Dili from november 23 to 25.

The Timor-Leste International Business Forum 2023, under the theme: “Discovering Blue and Green Opportunities for Sustainable Investment”, brought together numerous international and local entrepreneurs and investors in Dili, ten of whom expressed interest in investing in the country.

The forum was attended by around 700 businesspeople from the ASEAN region, China, South Korea, Brazil, and the United States, as well as around 200 local businesspeople.

The willingness and commitment of these 10 foreign investors has been demonstrated through the signing of Memorandums of Understanding with the Timorese government and several others with the CCI-TL.

The international companies that signed the memorandum of understanding with the government, CCI-TL, and local entrepreneurs, namely the Australia Carbon Foundation, PT Dewata Sukses, Suhurama Developer Unipessoal, Hesun Supply Chain Service, Jardine Botanical SDN, etc.

The signing of the agreement was witnessed directly by the Deputy Prime Minister and Coordinating Minister for Economic Affairs and Minister for Tourism and the Environment, Francisco Kalbuadi Lay, the Minister for Planning and Strategic Investment, Gastão Francisco de Sousa, the Minister for Trade and Industry, Filipus Nino Pereira, the Minister for Transport and Communications, Miguel Marques Gonçalves Manetelu, and the Secretary of State for Cooperatives, Arsénio Pereira da Silva.

 

Journalist: Camilo de Sousa

Editor: Filomeno Martins 

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