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Old October 17th, 2011, 07:19 AM   #21
hakz2007
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Timor-Leste’s Tasi Mane Project
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Part of Timor-Leste’s Strategic Development Plan is the building of three industrial clusters on the country’s southwest coast, which will be the backbone of its petroleum industry. But civil society groups have warned that the ambitious project will have little impact on the economy.

The Tasi Mane (Male Sea) Project will involve the development of an integrated petroleum infrastructure in the coastal zone from Suai to Beaço over the next two decades. The plan includes the construction of the Suai Supply Base cluster, the Betano Refinery and Petrochemical Industry cluster, and the Beaço LNG-Plant cluster.
More: http://the-diplomat.com/asean-beat/2...-mane-project/
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Old October 24th, 2011, 12:42 AM   #22
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Companies from China, Japan and South Korea interested in oil and gas exploration in East Timor

Macau, China, 21 Oct – Companies from China, Japan and South Korea has shown interest in oil and gas exploration in East Timor, but an agreement has yet to be signed, the Timorese minister for the Economy and Development, João Gonçalves said Thursday in Macau.

“There have been some initial contacts, not only with Chinese companies, but also with South Koreans companies and Japan is also interested,” the minister said speaking to Portuguese news agency Lusa.

However João Gonçalves said that “at the moment nothing has been signed,” and explained that a “Timorese state company,” had been set up, “to negotiate every possible partnership for exploration of oil and gas in Timor.” (macauhub)

http://www.macauhub.com.mo/en/2011/1...in-east-timor/

East Timor: South Korea to import gas from the Timor Sea as of 2013

Dili, East Timor, 15 Oct – South Korea Tuesday signed a memorandum of understanding with East Timor to import natural gas from the Timor Sea as of 2013.

The memorandum was signed at the Government Palace, in Dili, by the Timorese prime minister, Xanana Gusmão, and by the South Korean economy minister, Lee Youn-ho.

This is the first energy agreement signed by the Timorese state with a foreign country since its independence in 2002, and is to guarantee imports by South Korea of natural gas from the Greater Sunrise field.

The agreement also includes the possibility of a consortium led by state company Korea Gas Corp (KOGAS) surveying other gas fields in East Timor, according to the Korean minister.

With this agreement, South Korea will be given priority access to importing natural gas from the Greater Sunrise field, whose reserves are estimated at the equivalent of seven years of Korean consumption.

Signing the memorandum is part of the Government’s efforts to make it feasible to bring the Greater Sunrise gas pipeline to East Timor, as the country’s Natural Resources minister, Alfredo Pires told Portuguese news agency Lusa.

The location of the pipeline, along the East Timor coast or next to Darwin, Australia has yet to be decided and has led to discussion and contacts with Australia and some controversy between the authorities and companies from both countries.

The Greater Sunrise field is located in the Joint Oil Development Area, shared by East Timor and Australia.

South Korea is the world’s second largest importer of natural gas. (macauhub)

http://www.macauhub.com.mo/en/2008/10/15/5904/
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Old November 21st, 2011, 03:24 PM   #23
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Dili Airport

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P5040545 by tokotasi, on Flickr
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Old December 17th, 2011, 04:32 AM   #24
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Map of dili

http://www.seacitymaps.com/timor/dili_map.htm
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Old December 23rd, 2011, 01:30 AM   #25
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Timor-Leste: Establishment of a Central Bank

On 13 September 2011, the Banking and Payments Authority of Timor-Leste ("BPA") was transformed into the Central Bank of Timor-Leste under Parliamentary Law No 5/2011 ("Organic Law of the Central Bank"). The establishment of the Central Bank, which has broader powers than its predecessor the BPA, further demonstrates that the State of Timor-Leste (East Timor) is progressively putting in place its financial and economic architecture.

The new Central Bank, which is an independent and autonomous public entity, is managed by the Governor, who is supported by two Deputy Governors, and a Board of Directors comprised of the Governor, the two Deputy Governors and four non-executive members. The Governor of the Central Bank is currently Abraão de Vasconselos.

Under the Organic Law of the Central Bank, the Central Bank's primary objective is to achieve and maintain domestic price stability. In addition, the Central Bank will also promote and maintain a stable and competitive financial system based on free market principles and support the general economic policies of the Government of Timor-Leste.

To achieve its objectives, the Central Bank has, amongst others, responsibility for the following functions:

* To define and implement monetary policy

* To define and adopt the exchange rate system

* To conduct foreign exchange operations

* To hold and manage official foreign reserves

* To hold and manage the State's reserves of gold

* To issue and manage the currency of Timor-Leste

* To establish, promote and oversee sound and efficient payment and securities settlement systems;
* To regulate, license and supervise financial institutions such as banks, non bank deposit taking institutions (eg micro- financiers), insurance companies, insurance intermediaries and currency exchange bureaus; and
To act as the fiscal agent of the State.

The Central Bank is also the operational manager of Timor-Leste's sovereign wealth fund- known as the Petroleum Fund- in accordance with the operational agreement it signed with the Government of Timor- Leste on 25 June 2009. As at 31 October 2011 the Petroleum Fund had assets of just over US$9 billion.

http://www.mondaq.com/australia/x/15...a+Central+Bank
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Old January 25th, 2012, 09:26 AM   #26
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P5040531 by tokotasi, on Flickr
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Old April 6th, 2012, 01:14 PM   #27
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East Timor and China on Marty’s Asean Agenda

Indonesia will try to help East Timor become the Association of Southeast Asian Nations’ 11th member while pushing for completion of a human rights declaration this year during the group’s summit in Cambodia this week.

Foreign Minister Marty Natalegawa said Indonesia will also build on its success as the group’s chair last year in creating a clearer ruling in the ongoing dispute over the South China Sea and persuading nuclear powers to join the Asean pact to forego nuclear weaponry.

“It’s impossible to have a Southeast Asian community while leaving one country in the region behind. We should have a vision that Timor Leste is part of the Asean family,” he told the Jakarta Globe on Friday, referring to East Timor.

He played down suggestions that East Timor, a former Indonesian province before voting to break away in 1999, was unfit for Asean membership due to its lack of resources.

“We should see this application as part of a bigger picture and not merely get stuck on technicalities,” Marty said.

East Timor officially submitted its application to Asean on March 4 last year, when Indonesia held the chairmanship. The current chair is Cambodia.

Despite Indonesia’s support, Singapore has resisted East Timor’s application, fearing the country could hamper the group’s effort to become a full-fledged community by 2015. Other member states have been largely indifferent to the proposal.

At a Bali summit in November, Asean leaders formed a task force to review the country’s application. Marty said the grouping’s foreign ministers are awaiting the recommendation of the task force.

The minister, however, would not say whether the country could be accepted before 2015.

Besides the East Timor issue, Indonesia will also seek to persuade other members to agree on a draft of the group’s human rights declaration despite Cambodia’s discouraging human rights track record.

“Asean’s performance is determined by the 10 members. Of course, the chair plays a crucial role. But Indonesia and Cambodia have good ties,” he said.


Full Article: http://www.thejakartaglobe.com/news/...-agenda/508838
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Old April 17th, 2012, 05:26 PM   #28
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Former guerrilla Ruak elected East Timor president

DILI (AFP) - Former guerrilla Taur Matan Ruak has won East Timor's presidential run-off by a wide margin, preliminary results showed Tuesday, in a pivotal year for the nation almost a decade after independence.
Ruak, who had campaigned in military fatigues to highlight his role in the fight against Indonesian occupation, won 61.23 percent of the vote, according to figures from the elections secretariat, which organised Monday's polls

His challenger Francisco Guterres -- also a hero in the independence struggle and popularly known by his nom de guerre "Lu Olo" -- trailed with 38.77 percent, according to the count.
All the results have been counted but they must be examined by the court of appeals before they are officially announced.
"We are very much elevated by the result, by the current outcome," said Ruak's spokesman Fidelis Magalhaes.
"We expect to see some changes (in the final count), minor, probably one or two percentage points, but without a clear swing or fluctuation of points," he added.

If confirmed, Ruak, also a former defence chief, will become the leader of the impoverished and oil-dependent country, replacing Nobel Peace Prize winner Jose Ramos-Horta, who trailed in third place in the first round on March 17.
The streets of Dili were quiet Tuesday, with no sign of celebration, unlike the campaigning when hundreds of supporters from both sides sped past on motorcyles and buses, flashing victory signs.

An international poll observer said the wide margin left no room for dispute over the results.
"If there was a close result there could have been some quarrelling, and while it's not a landslide, this is a clear victory," said Rui Feijo, an election observer and researcher from Portugal's Coimbra University.

The vote marked the first in a series of key events in the chronically unstable country, still traumatised by Indonesia's brutal 24-year occupation which ended with a 1999 referendum for independence.

In May, East Timor will celebrate 10 years of independence, which came after three years of United Nations administration. On July 7, voters will choose a new government in a general election.

The UN has said peacekeepers stationed in East Timor since 1999 would pull out as planned by the end of 2012 if both elections were peaceful.
A spokesman for UN Secretary General Ban Ki-moon said Monday's vote had taken place in a "peaceful and orderly manner".

While Ruak, 55, sought to burnish military credentials throughout the campaign, Lu Olo, 57, has shed his guerrilla image, earning a law degree and campaigning in a suit and tie.

Ruak, who resigned as defence chief late last year to run for president, has vowed to introduce mandatory military service if elected.

He has been accused by the United Nations of involvement in illegal weapons transfers in 2006 when rioting and factional fighting left the nation on the brink of civil war. However, no attempts have been made to prosecute him.

While the presidency is largely ceremonial, it has enjoyed a high profile under Ramos-Horta.
Among East Timor's many teething problems as a fledgling nation is its heavy reliance on energy reserves, which account for around 90 percent of state revenues.

East Timor is labelled by the International Monetary Fund as the "most oil-dependent economy in the world", relying on a petroleum fund that reached $9.3 billion last year.
More than 458,000 Timorese, or 73 percent of more than 627,000 registered voters, went to the polls Monday, the elections secretariat said.


http://au.news.yahoo.com/thewest/a/-...mor-president/
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Old May 11th, 2012, 11:11 PM   #29
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East Timor plans tandem port projects

East Timor is planning two new ports to help ease congestion at the capital, Dili, with both the north and south coasts set to benefit from the ambitious development plan.


The Southeast Asian country will use its oil revenues to establish new sea ports at Tibar on the north coast and Suai on the south coast.

Tibar which is described as "a national priority for the development of our nation" by Timor's Stratgegic Development Plan, will be a multi-purpose port with a capacity of 1m tonnes/per year and will cater for commercial cargo and passengers.

Suai will be a logistics base for the oil and gas sector with the new port being its centrepiece.

"It will be a multi-purpose seaport and include a container park, warehouse logistics area and fuel storage facilities. The port may also provide shipbuilding and repair facilities," said the Strategic Development Plan.

http://www.portstrategy.com/news101/...mor-port-plans
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Old July 16th, 2012, 10:36 AM   #30
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Timor Plaza

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Originally Posted by silverian86 View Post
Timor Plaza
the first shopping mall in Dili, Timor Leste


http://www.panoramio.com/photo/55887040




http://timorplaza.blogspot.com/
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Old July 16th, 2012, 10:36 AM   #31
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Timor Plaza

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Originally Posted by silverian86 View Post
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Old July 16th, 2012, 10:37 AM   #32
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Quote:
Originally Posted by vindoarga View Post
mall pertama di timor leste
aku kira di jaman indonesia setidaknya udah ada satu plaza? (CMIIW)
Quote:
Originally Posted by smg820 View Post
Dili Central is a unique development 0n over 60,000 m2 of prime vacant land in the heardt of the Comoro area.









CINEMA & CONVENTION CENTRE



Construction begins on Timor Plaza Cinema



source: http://timorplaza.blogspot.com/
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Old January 7th, 2013, 04:09 PM   #33
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U.N. success: Peacekeepers leave East Timor a better place
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The departure of the last United Nations troops from East Timor on Dec. 31 made an important point to the world -- that U.N. troops can be pivotal in helping a wobbly country to stand on its own two feet.

The country also known as Timor Leste, with 1.2 million people, occupies half of a Southeast Asian island, with the other half part of Indonesia. It was colonized by the Portuguese in 1769, occupied by the Japanese during World War II and invaded by Indonesia in 1975. It became independent in principle after a U.N. referendum in 1999. It is predominantly Roman Catholic, its capital is Dili and it uses the U.S. dollar as currency.
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Old January 25th, 2013, 12:45 PM   #34
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Timorese Government will build the first motorway of the young nation.

Sorry, the news is in Portuguese...


Quote:
Governo timorense lança projecto de construção da primeira autoestrada do país
Por Agência Lusa, publicado em 25 Jan 2013 - 09:23

Os ministros das Obras Públicas e dos Recursos Naturais de Timor-Leste assinaram hoje o projeto de construção da primeira autoestrada do país, cujas obras devem arrancar em junho.
"É um megaprojeto com um orçamento de quase 10 milhões de dólares por quilómetro", afirmou o ministro das Obras Públicas timorense, Gastão Francisco de Sousa.
A autoestrada com quatro faixas deverá estar terminada em 2017 e vai ser construída na costa sul de Timor-Leste entre o Suai e Beasu num total de cerca de 155 quilómetros.
Em junho, segundo o ministro das Obras Públicas, deverá ter início a construção da primeira fase da autoestrada, cerca de 33,3 quilómetros, que vão ligar o Suai e Fatukai.
Nos próximos meses, as autoridades timorenses vão lançar um concurso internacional para a implementação da primeira fase.
Segundo o ministro das Obras Públicas, há empresas da China, Singapura e da Indonésia "muito interessadas" em concorrer ao projeto.
A autoestrada vai suportar o negócio da indústria petrolífera que o governo timorense pretende criar na costa sul do país entre Suai e Beasu, conhecido como projeto Tasi Mane.
"É uma parte fundamental para ligar os três polos de crescimento na costa sul de Timor-Leste: Suai, Betano e Beasu", afirmou o ministro dos Recurso Naturais, Alfredo Pires.
Alfredo Pires explicou que a autoestrada vai permitir que o tempo da viagem entre o Suai e Beasu, que agora demora 10 horas, passe a durar uma hora e meia.
O projeto Tasi Mane tem como principal objetivo desenvolver a costa sul do país através da indústria petrolífera e inclui a construção de três grupos industriais, que serão a espinha dorsal daquele setor empresarial do país.
Tasi Mane inclui a base de fornecimento do Suai, a refinaria e um grupo de indústria petroquímica em Betano e uma exploração de gás (através do gasoduto que as autoridades timorenses pretendem ver construído a partir do Greater Sunrise) em Viqueque/Beasu.
A cerimónia de lançamento da construção da autoestrada decorreu nos escritórios da empresa petrolífera timorense TimorGAP.
http://www.ionline.pt/mundo/governo-timorense-lanca-projeto-construcao-da-primeira-autoestrada-pais
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Old April 2nd, 2014, 05:00 PM   #35
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Infrastructure Assistance Program from the Aussies

Quote:
Originally Posted by beto_chaves View Post
Timorese Government will build the first motorway of the young nation.

Sorry, the news is in Portuguese...




http://www.ionline.pt/mundo/governo-timorense-lanca-projeto-construcao-da-primeira-autoestrada-pais

On a further note, here is a good link with a lot of information on the infrastructure assistance program the Aussies are giving to Timor-Leste.

It's a four year program ending in 2016, where a third of the primary roadways will be improved and reconstructed, providing a foundation for economic growth.

http://aid.dfat.gov.au/countries/eas...ent-init5.aspx

Cheers, Pete.
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Last edited by RockyMonto; April 2nd, 2014 at 05:12 PM.
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