DILI, 28 April 2025 (TATOLI) – Investment and Export Promotion Agency, I.P of TradeInvest Timor-Leste, on Friday, 25 April, organized a technical meeting to discuss the Special Investment Agreement (SIA) between the Government of the Democratic Republic of Timor-Leste (RDTL) and the South Timor Fisheries Development Lda.
The draft of the Special Investment Agreement (SIA) was elaborated and drafted by TradeInvest Timor-Leste and the legal representative of the Timor South Sea Fishery Development Lda.
According to the Private Investment Law No. 15/2017, TradeInvest Timor-Leste must call and organize a technical meeting to provide competent entities and relevant agencies the opportunity to conduct technical analyses and contribute feedback and recommendations in accordance with their respective competencies and the regulations in force.
Timor South Sea Fishery Development. Lda is a Chinese-based investor that applied for a Special Investment Agreement (AEI) and plans to invest in the aquaculture sector (Aquatic Park) with the total investment capital of more than U$616 million, which will be located in Laleia Administrative Post, Manatutu Municipality.
The technical meeting was led by the Deputy Executive Director of TradeInvest Timor-Leste, Duilio Marino Gusmão Araújo da Silva, and participated by the Director General of Fisheries, SERVE, Tax Authority, Customs Authority, ANLA, Land Property, and other relevant institutions.
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