Kuwait may finance public works in East Timor

7 August 2006

Dili, East Timor, 07 Aug – East Timorese Prime Minister José Ramos-Horta returns Monday to Dili from an official visit to Kuwait, which may finance major public works worth an estimated US$500 million to 600 million in the half-island nation, Portuguese news agency Lusa reported.

Among the planned public works are roads, bridges, ports and airports, said Ramos-Horta, who traveled to Kuwait Friday night.

“I want to begin negotiations now with the Kuwait Development Fund on the construction of major road, bridge, port and airport projects in East Timor,” he told Lusa.

“For a project of this size, to be carried out for several years, the amount involved is on the order of US$500 million or 600 million or more. We are waiting for a preliminary study by an Indian company, paid for by Kuwait,” he added.

The prime minister was accompanied on the visit by Odete Victor and José Teixeira, respectively the ministers of Public Works and of Natural Resources, Minerals and Energy Policy.

The trip was Ramos-Horta’s second in two years to Kuwait, where he traveled in 2004 representing the former head of the East Timorese government, Mari Alkatiri. (macauhub)