MCAE HOLDS ROUNDTABLE MEETING WITH PRIVATE SECTOR FOR TIMOR-LESTE’S ECONOMIC DEVELOPMENT

Image

Dili, March 23,2026
The IX Constitutional government, through the office of the vice Prime-Minister and Coordinating Minister for Economic affairs (MCAE), holds a high level roundtable meeting at the Dili Convention Center (CCD). The aim of the session was to review the government’s commitments made through the memorandum of Understanding (MoU) to accelerate economic growth and economic development in Timor-Leste. The event organized by the office of the MCAE and the Central Bank of Timor-Leste (BCTL), in Dili Convention Center (CCD) on Monday ,23 of March 2026.The vice Prime-Minister and Coordinating Minister Francisco Kalbuadi Lay, emphasized that, private sector serves as principal engine for national transformation.

He reaffirmed the governments working together with partners from the private sector, reaffirm their commitments to strengthen strategic partnerships. I want to appeal that’ The future of Timor-Leste is in your hand’ being an entrepreneur in our country is not easy, it requires resilient, creativity, and vision. However, you are the true drivers of national transformation.

I am honored to be here with you all at important ‘National Forum between the Government and Private Sector’ stated the Vice-Prime Minister. The event also marked the official launch of the report ,”The Benefits of Economic Integration for Timor-Leste” collaborative document developed by MCAE and BCTL and Supported by the Australian Government through PROSIVU program. Following the programs continues with Public-private dialogue under the theme: ‘’Strengthen Partnerships to Accelerate National Economic Development’’. From the result of Roundtable both sectors highlighted the signing a memorandum of understanding (MoU) reaffirm their commitment to build solidifies sustainable strategic partnerships as follows:


-Structural Reform in business environments by digitizing administrative procedure to ensure transparency, reducing bureaucracy, and improving legal certainty for investor .
-Boost productive Sectors, promoting economic diversification by reinforcing investment in agriculture, trade, industry and Tourism.


-Enhance access to Finance: Facilitating Credit mechanism for private sector and national companies specially, Micro, and medium enterprises (MSMEs) through development of new financial instruments.
-Enhance Facilitated Market access: Increasing domestic production, promoting export attracting foreign direct investment (FDI) and integrating national companies into regional and Global value chains.
-Institutionalized Dialogue: Stabilizing a permanent public-private dialogue mechanism to identify challenges, define evidence based on solution and monitoring implementation.


The IX Constitutional government and Private sector recognized Timor-Leste’s accession to the World Trade Organization (WTO) and ongoing ASEAN , Integration process a unique opportunities to take advantage of access foreign investment in the wider market. Joining the WTO and ASEAN is not just a challenge but also, a huge opportunity. The government and private sector continue to serve and support capitalize specially to increase national product capacity and improving quality product to international.
The ceremony was attended by the Minister of Commerce and Industry (MCI) Filipus Nino Pereira, who witnessed the signing of the Memorandum of Understanding (MoU) for national economic development, by the vice Prime -Minister and the President of Chamber of Commerce and Industry of Timor-Leste (CCI-TL) Jorge Manuel de Araujo Serrano.
Media MKAE

0Shares

Agenda

Find the information related to the latest MCAE agenda