Timor-Leste, a small nation in Southeast Asia, is currently undergoing significant economic and industrial development. The country’s industrial landscape is evolving, with a focus on promoting private investment and managing industrial zones effectively. GESPIN S.A. (Gestão de Parques Industriais, SA) has been approved to manage industrial parks, signifying a step towards achieving these goals.
The industrial development in Timor-Leste is being analysed to understand growth rates and employment creation by key industries over the past five years.
Additionally, Timor-Leste’s petroleum activity is regulated by world-standard laws, indicating a focus on natural resource management and regulation within the country.
This evolving industrial environment suggests a growing emphasis on economic diversification, private sector engagement, and sustainable development practices within Timor-Leste.
The industrial parks in Timor-Leste are currently in development, with the Ulmera Industrial Park being a significant project. GESPIN S.A. is responsible for the development, maintenance, and management of industrial zones, including the Ulmera Industrial Park.
The company works closely with relevant ministries to promote the creation and development of industrial parks in Timor-Leste.
The industrial park management is structured to involve a Partnership Public Private (PPP) model, with GESPIN S.A. serving as the proper management entity.
The industrial parks in Timor-Leste are designed to attract private investment and promote economic growth. The parks offer a range of services to tenants, including infrastructure maintenance, security, waste management, and utilities provision.
The parks also provide networking opportunities, business support services, and regulatory compliance assistance to help tenants thrive in their operations.
The environment situation in Timor-Leste is also being addressed, with the country focusing on sustainable development practices. The petroleum activity is regulated by world-standard laws, indicating a commitment to responsible natural resource management.
The industrial parks are designed to adhere to environmental initiatives and regulations, including waste management, pollution control, and natural resource conservation.
In conclusion, the industrial parks in Timor-Leste are currently under development, with GESPIN S.A. playing a crucial role in managing these zones. The parks are designed to attract private investment, promote economic growth, and adhere to environmental initiatives and regulations. The country is focusing on sustainable development practices and responsible natural resource management, indicating a commitment to long-term economic and environmental stability.
Sources
http://timor-leste.gov.tl/?cat=10&lang=en&page=19 favicon
https://www.ohchr.org/sites/default/files/Documents/Issues/FAssociation/NaturalResource/Timor_Leste.pdf favicon.
BY LAWS
GESPIN, S.A., was created by Decree-Law No. 70/2022 of 28 September, is a management company whose purpose is the management of industrial parks; The organizational chart below represents the organizational structure in which GESPIN, S.A.
GESPIN, S.A. ensures the exercise of the powers, namely of an economic, financial, patrimonial and staff management nature, necessary for the regular operation of the industrial parks assigned to it, as well as all activities that are complementary, subsidiary or ancillary to the pursuit of its activity;
The management of the park is done through its Coordination that accompanies and guides the work developed by the departments;
MISSION AND VISION
The mission and vision of an industrial park in Timor-Leste are aligned with the country’s Strategic Development Plan (SDP) and its goal of becoming an “Upper Middle Income Country” by 2030. The key industries identified in the SDP are agriculture, tourism, and petroleum.
The development of industrial parks aims to create job opportunities, develop human resources, and establish key industries, breaking away from excessive dependence on oil.
MISSION
The mission of an industrial park in Timor-Leste is to support the country’s economic growth and development by attracting investments, promoting job creation, and fostering the growth of key industries, such as agriculture, tourism, and petroleum. The industrial park will provide a conducive environment for businesses to thrive, with access to infrastructure, utilities, and a skilled workforce.
VISIOIN
The vision of an industrial park in Timor-Leste is to become a hub of economic activity, driving the country’s transition to an Upper Middle Income Country by 2030. The industrial park will be a catalyst for innovation, productivity, and sustainable development, contributing to the overall well-being of the Timorese people and reducing poverty through the creation of quality jobs and the promotion of private sector growth.
VENCESLAU DOS SANTOS
President of the Board
of Directors
Department of Business and Corporate Services (Commercial, Marketing, Institutional & International Relations)
Legal & Economic Advisory Office
Executive Secretariat
Legal Representative
Secretary of the Society
Internal Audit & Quality Control Unit
JOÃO ALVES
Vice- President of the Board of Directors
Technical Department
Civil, Electrical and Architecture Engineering Unit
Park Management Unit
Computer and Maintenance Unit
FERNANDO ROSA
Administrator and Director of Finance and Administration
Administrative and Financial Department
Human Resource Unit
Planning, Accounting and Budget Unit
Logistic and Heritage Unit