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New port in Timor Leste inaugurated

December 2, 2022
in News, Top News
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New port in Timor Leste inaugurated

The port has an annual capacity of over 200,000 teu

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Tibar Bay Deepwater Port has been inaugurated, with Timor Leste aiming to boost t aims to facilitate with China, North Australia and Asian countries.

As the first public-private partnership in the country, the new port aims to improve logistics services in Timor-Leste and responds to current developments in the maritime and port world.

Planned to become a regional transhipment hub, it will enhance Timor-Leste’s attractiveness within the Asia-Pacific region and accelerate the country’s economic development.

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