The Investment and economic diversification Program is under the new IF Portfolio from 2022. Promotion of investment and economic development is one of the priorities of the government in Timor‐Leste. Public and private investment in core and productive infrastructure, forming the foundation of a strong and growing market economy, attracting domestic and international investors and supporting successful local businesses. Growth in the economy has been a result of increased public sector expenditure and private sector investment.

Currently, there are 14 projects under the Investment and economic diversification Program, including:

• 4 contracts from 2021/2022;

• 10 projects under preparation.