ADB's Work in Timor-Leste
Shareholding and Voting Power
Number of shares held:
1,050 (0.010% of total shares)
40,164 (0.302% of total membership, 0.464% of total regional membership)
Overall capital subscription:
Paid-in capital subscription:
Timor-Leste has made significant progress in state building since its independence in 2002. However, while access to essential services (particularly electricity) has vastly improved, key human development indicators remain low. The country’s prospects hinge on prudent and effective use of revenues from petroleum production to finance the investments in human capital, physical infrastructure, and institutions that are needed to support economic diversification and growth.
The Asian Development Bank (ADB) has been supporting Timor-Leste since 1999, with a focus on removing infrastructure bottlenecks and institutional constraints to open the way for a more sustainable economy. The bank’s assistance concentrates on improving transport connectivity to reduce inequalities, upgrading water supply and sanitation to deliver better health outcomes, regional cooperation and integration, investing in agricultural value chains to boost rural prosperity, and expanding financial and digital services to stimulate inclusive growth.
Port views in Timor-Leste's capital of Dili
The pipeline also addresses health and economic responses to the COVID–19 pandemic.
Since 1999, ADB has committed loans, grants (including cofinancing), and technical assistance worth $443.63 million for Timor-Leste.