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Country Assistance Plans - East Timor : III. Sector Strategies
F. Private Sector Development40. A core concern of ADB is to establish an enabling environment in East Timor for private sector development to generate sustainable growth for widespread income-earning opportunities. Accordingly, much of ADB’s TA activity, as well as its advisory support to TFET programs, is focused directly on ensuring an appropriate enabling environment for private sector participation is established in each of the infrastructure sectors for which ADB has lead responsibility. Priority is also being given to developing appropriate regulatory frameworks to encourage sustainable operation over the longer term. In addition, ADB is undertaking preparatory work aimed at introducing a sustainable and appropriate private microfinance banking system in East Timor.
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