Dili: Francisco Kalbuadi Lay, Vice-Prime Minister, Minister Coordinator for Economic Affairs, and Minister of Tourism and Environment of Timor-Leste, announced that the nation is considering a series of investment incentives aimed at attracting foreign capital. The proposed measures include tax breaks and streamlined licensing procedures, with the goal of expediting the launch of new projects in the tourism and environment sectors.
According to Emirates News Agency, Lay explained on the sidelines of AIM Congress 2025 that Timor-Leste is strategizing to become more appealing to investors by contemplating special deals such as tax reductions. This would lessen the financial burden on investors, encouraging them to invest more in the country. Additionally, by facilitating faster permit acquisition, Timor-Leste aims to enable quicker project commencements. These initiatives align with the objectives of AIM Congress 2025, which focuses on promoting investments that benefit the economy while safeguarding the environment.
Regarding Timor-Leste's role in AIM Congress 2025, Lay emphasized the country's desire to attract global businesses and individuals to invest in its tourism sector. The event will serve as a platform to showcase the nation's stunning landscapes, including beaches and mountains that draw tourists. The discussions will also highlight sustainable tourism growth, with potential plans for eco-friendly hotels utilizing solar power and water recycling to preserve natural resources.
Lay outlined some of the exciting projects Timor-Leste intends to present to potential investors at the congress. These include an eco-resort designed with nature-friendly principles, using local materials and offering picturesque ocean views. Additionally, the country plans to promote guided tours emphasizing nature and culture, such as bird watching and exploring traditional villages. These initiatives aim not only to boost economic growth but also to ensure environmental conservation.
By participating in AIM Congress 2025, Timor-Leste aspires to attract foreign investment that honors both nature and culture, creating mutually beneficial outcomes for investors and the nation alike.