East Timor - Foreign investment



Most foreign investment is from Singapore and Australia, and has centered in the hotel and restaurant business, the importation of used cars, and construction. The government in 2002/03 was encouraging foreign investment in light industries such as textile, garment, and shoe factories. Fishing and ecotourism also have potential for foreign investment (East Timor has some of the best scuba diving in Asia). Rudimentary infrastructure and a lack of skilled labor hamper investment. Investors have little guarantees regarding property rights, insurance, or bankruptcy. The labor law also serves to inhibit foreign investment because it is difficult for employers to fire East Timorese workers, and businesses are prohibited from hiring replacement employees during a strike.

Also read article about East Timor from Wikipedia

User Contributions:

1
Tony
Report this comment as inappropriate
Jun 20, 2012 @ 2:02 am
Hello,
I like to know what are the possibilities to invest in a hotel or similar, not necessary in Dili.
I speak Portuguese and English. would be nice again to have a professional adventure abroad.If a opportunity arise I may face some difficulties with burocracy, which I do not handle well. It's there any other business with no or little burocratic complication ? A honest answer will be appreciate
Reg
Tony

Comment about this article, ask questions, or add new information about this topic:

CAPTCHA