Port is first public-private partnership in country; aims to improve logistics and maritime and port developments.
Lusofonia
Since launching in 2012, 5,222 visas have been granted to Chinese, almost five times as many as any other nationality.
Project will link capital with outlying districts allowing more than 1.5 million new connections to the national grid.
Project – dubbed ‘economic magic bullet’ – expected to yield 3.4 million tons of LNG per year over the next quarter century.
Mine expected to produce 60 kilotonnes per annum of high-purity large flake graphite over the next three decades.
Trade surplus reaches US$6.7 billion in November, beating a US$5 billion surplus forecast by Reuters economists.
President hails enormous potential of southern region which is already producing nearly 2 million tonnes of titanium and zirconium ore products per year.
Asian Development Bank and Japan will also assist with runway extension and construction of passenger terminal. Airport due to open in 2025.
Negotiations continue as Australian company admits possibility of construction of gas pipeline with connection to Timor-Leste.