170 businesspeople from China and Portuguese-speaking countries meet in East Timor

2 July 2013

One hundred and seventy businesspeople from China and the Portuguese-speaking countries are in Dili, Timor Leste (East Timor) for the three-day 9th Meeting of Businesspeople for Economic and Trade cooperation between China and the Portuguese-speaking Countries.

According to the local press, the event’s participants from the private sector are mainly from China.

In her opening speech for the conference, held at the Dili Conference Centre, last Sunday, the Secretary of State for Private Sector Support, Veneranda Lemos, said she hoped that investors from member countries of the Community of Portuguese-speaking Countries (CPLP) and China would set up their businesses in East Timor.

“We hope that foreign businesspeople, especially investors, feel they can invest in Timor-Leste and partner businesspeople in our country,” said Lemos, who noted that China and Macau were important markets for development of the CPLP.

The secretary of state said she hoped that the country’s private sector would have the support of other CPLP members and China to implement partnerships and noted it was important for Timorese businesspeople to meet with foreign investors at the meeting.

“The conference will encourage our national private sector to look to the future,” said Lemos.

Chang Hexi, the secretary-general of the Forum for Economic and Trade Cooperation between China and the Portuguese-speaking countries, which is based in Macau, said that investors from Macau would continue to provide economic and trade support to other CPLP members and China

The three-day meeting, due to end Wednesday, is organised by the Timor-Leste Specialised Investment Agency together with the Timor-Leste embassy in China and the Timor-Leste Business Development Support Institute, the Forum for Economic and Trade Cooperation between China and the Portuguese-Speaking Countries (Forum Macau) and the Macau Investment and Promotion Institute (IPIM). (macauhub)