The New Timor-Leste PPP Law: A “giant leap” towards development?
Publication Date:
Oct 10, 2013
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A review of Timor Leste's PPP law and its impact on the country by Portuguese law firm, Miranda Correia Amendoeira & Associados.
Following the 1999 United Nations-sponsored referendum which led to the independence of Timor-Leste, the existing infrastructures were shattered and destroyed by pro-Indonesia militias. The country was left literally with no national power grid, bridges, roads, reliable communications or water supply systems. Even though Timor-Leste has been consistently achieving two digit growth rates for the past decade, the country is still ranked as one of the poorest countries in the world.
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