The country will be inviting tenders for 49 concession areas, with the process set for completion at the end of April.
Timor-Leste
The trip comes as the organisation, set up to promote business links between Macao and lusophone countries, gears up to celebrate its 20th anniversary.
Island nation will be granted observer status at ASEAN meetings, including summit plenaries; Myanmar’s military leaders still barred from high-level meetings.
Citizens from Brazil, Timor-Leste and Portuguese-speaking countries in Africa will be granted visa on request.
Around 20 booths will stock tempting products from Portuguese-speaking countries such as Portugal, Brazil and Timor-Leste.
Fledgling nation – heavily dependent on oil and gas revenues – also keen to boost trade ties with its larger neighbour beyond current US$250 million per annum.
Projects will deliver clean water to nearly 500,000 residents, while Centre of Excellence should benefit 1 million schoolchildren over next 20 years.
China plans to encourage Chinese enterprises to invest and start businesses in Timor-Leste, contributing to its development and revitalisation.
Flying visit is part of extensive trip to garner support in Pacific region; possible free trade area also under discussion.