Infrastructure Fund Background 

The Infrastructure Fund (IF) was set up by Law No. 1/2011 on 14 February, 2011 approving the State Budget (OGE) for 2011. The subsidiary Decree-Law No. 8/2011 of 16 March, 2011 defines the primary objective of establishing the IF, which is to finance the implementation of sets of infrastructures that require massive investment in multi-year infrastructure projects that meets the needs of Timor-Leste. It is a financial instrument that enables the financial resources for capital investment in infrastructure projects requiring multi-year contracts to be ring-fenced and therefore not restricted or lost to the point of jeopardizing project implementation.