Timor-Leste and ADB
In the Spotlight
Timor-Leste, Asia’s youngest country, has moved past the strife of recent years and is building an economy that benefits all. ADB Country Director Paolo Spantigati explains how ADB is working with the country to support its future development.
ADB has been supporting Timor-Leste’s development since 1999. According to this country brief, ADB is helping the government build a broad-based, non-oil economy through supportive investments in the national road network, urban water supply, and vocational education.
Timor-Leste’s development prospects hinge on prudent use of its petroleum wealth to finance high-quality, sustainable investments in physical and human capital. The country has made excellent progress in state building and improving key social services, but its human development indicators remain among the lowest in the region.
The country partnership strategy, 2016–2020 for Timor-Leste will help develop a sustainable non-oil economy by improving infrastructure, developing key institutions, and increasing investments in human capital.
Read the ADB and Timor-Leste fact sheet.