DILI, 24 january 2024 (TATOLI) – The Government of Timor-Leste, through the Council of Ministers have approved a resolution project aiming to establish an Executive Committee for the creation of a Special Economic Development Zone in Oe-Cusse Ambeno.
The decision to establish this committee takes into consideration that almost a decade since its creation, the project to establish a Special Social Market Economy Zone has proven incapable of fulfilling the initially proposed objectives. This has raised persistent doubts about its nature, purpose, competencies, and powers, leading to its eventual discontinuation.
“The population did not perceive the Special Zone as a reality capable of meeting their needs, lacking economic dynamism, social equity pursuit, and effective participation of local communities. Moreover, the management of the Special Zone often became intertwined with the administration of the Special Administrative Region of Oe-Cusse Ambeno, further increasing uncertainties regarding its role and effective impact,” said in a statement.
The Committee is tasked with preparing and presenting to the Government, within a period of 12 months, a detailed study for the implementation of a Special Economic Zone in Oe-Cusse Ambeno, namely with comprehensive description of its objectives, implementation plan, and the budget required for the purpose.
João Mendes Gonçalves is appointed as the Coordinator of the Committee, while Régio da Cruz Salu and Herculano de Sousa are designated as Vice-Coordinators.
Journalist: Jose Belarmino de Sa
Editor: Filomeno Martins
