Dili, 17 March 2026 –

The Office of the Deputy Prime Minister and Coordinating Minister for Economic Affairs (MCAE), through its General Coordinator, Jorge Martins, participate on technical meeting with representatives from relevant ministries and agencies to assess investment proposals submitted by three companies: Emperior, S.A., Prime Timor Enterprise, Lda., and Sali-Magu Holding & Co, S.A. The session, held at the TradeInvest Meeting Room in Dili, focused on ensuring that all proposed investments align with national development priorities and legal frameworks governing private investment.

The meeting forms part of the Government’s strategic commitment under the Ninth Constitutional Government to accelerate economic diversification and reduce dependence on the oil and gas sector. Emphasis was placed on promoting sustainable industries, generating employment—particularly for youth and rural communities—and strengthening private sector participation. Notably, Prime Timor Enterprise, Lda. Presented a US$26.4 million investment plan to develop beef production in Beco, Suai (Covalima Municipality), with the objective of reducing imports, enhancing food security, and opening export opportunities to regional markets such as China and Indonesia.

The Technical Committee conducted a rigorous evaluation of each proposal in accordance with Private Investment Law No. 15/2017 and related regulations, particularly concerning eligibility for the Declaration of Benefits (DB) and Special Investment Agreement (AEI). The discussion was chaired by Jorge Martins and supported by the Deputy Executive Director of TradeInvest Timor-Leste, Duilio Marino Gusmão Araújo da Silva, with active participation from key institutional stakeholders. The outcomes of this process will inform Government decisions to support high-impact, financially sound, and sustainable investments that contribute to inclusive economic growth in Timor-Leste.