double-skinned crabsVietnamese crab exportergood crabexellent crab

Timor Leste on Right Track for Full ASEAN Membership: PM

Jayanty Nada Shofa
May 10, 2023 | 9:39 pm
SHARE
Timor Leste Prime Minister Taur Matan Ruak speaks at the 42nd ASEAN Summit in Labuan Bajo on May 10, 2023. (POOL/Antara Photo/Rivan Awal Lingga)
Timor Leste Prime Minister Taur Matan Ruak speaks at the 42nd ASEAN Summit in Labuan Bajo on May 10, 2023. (POOL/Antara Photo/Rivan Awal Lingga)

Jakarta. Timor Leste Prime Minister Taur Matan Ruak said at his grand ASEAN Summit debut on Wednesday that his country was on the right track to becoming a full member of the regional grouping. 

“We will meet all obligations for a full ASEAN membership,” Taur Matan Ruak, who is attending the Labuan Bajo summit as an observer, said in his opening statement.

“We have made the necessary steps to build the essential infrastructure and create the conditions that the agreed roadmap asks of. We believe we are on the right track,” he told the other Southeast Asian leaders.

According to Taur Matan Ruak, works are already underway to improve Timor Leste’s infrastructure. For instance, the expansion of the Presidente Nicolau Lobato International Airport in the capital Dili. It has invested in submarine fiber optic cables for secure communications networks. Timor Leste has also improved its hospitality at its places of commerce, restaurants, as well as conference venues to welcome country leaders and tourists.

ADVERTISEMENT

In 2021, the Asian Development Bank (ADB) and Timor Leste agreed on a $135 million loan to expand the Nicolau Lobato airport. The expansion encompasses an extension of the runway and the construction of a new air traffic control tower. 

Timor Leste and Japan International Cooperation Agency (JICA) this February also inked a public grant agreement worth $37.5 million for a new passenger terminal, including the water supply system and supporting facilities.

According to the Timor Leste government's official website, Australia is also providing $73.4 million for the expansion, including the construction of the access roads to the new terminal. 

The Timor Leste government has also allocated over $52 million for land acquisition and related compensations. This brings the overall budget of the first phase of the project to $297.9 million.

ASEAN last year agreed in principle to admit Timor Leste as its 11th member. The bloc also granted observer status to Timor Leste and allowed the country to participate in all ASEAN meetings, including the summit plenaries.

Read More: Will ASEAN Only Be Spectator or Engine of Growth?: Jokowi

Tags: Keywords:
Google Add Investor.id as a preferred source on Google +
SHARE

Related Articles


News Jul 31, 2026 | 8:45 am

Doors Closed for Bangladesh, PNG’s ASEAN Bids

Bangladesh and Papua New Guinea face an uphill battle in their quest to join ASEAN as they are not located in Southeast Asia.
Business Jul 9, 2026 | 9:42 am

ADB’s Indonesia Growth Forecast Stays 5.2%, Beats Some ASEAN Nations

The July edition of ADB’s flagship report shows that Indonesia is outpacing some ASEAN economies, except Vietnam. 
Business Jun 20, 2026 | 1:06 pm

Japan-Backed ADB Invests in Indonesia’s Human Capital

As many as 399 Indonesian awardees have joined the ADB-Japan Scholarship Program from 1988 to 2024.

The Latest


News 35 minutes ago

Prabowo Calls Meeting on Forest Fires as Haze Reaches Jakarta, Singapore

Prabowo summons senior officials to discuss forest fires as smoke reaches Jakarta and Malaysia pushes for regional action.
Lifestyle 2 hours ago

Jakarta Outranks Amsterdam in Global Public Transport Survey

Jakarta climbs two places to 15th in Time Out's 2026 public transport survey, with its governor citing better network integration.
Business 2 hours ago

MSCI Concerns, Tighter IDX Trading Rules Send Indonesian Stocks Down 5% by Midday

Indonesian stocks plunge 5% by midday as MSCI concerns weigh on sentiment and the IDX tightens its daily downside limit to 7%.
News 2 hours ago

Jakarta Prepares 367 Health Facilities as Haze Reaches the Capital

Jakarta prepares 367 health facilities to treat potential haze-related illnesses after smoke from Sumatra and Kalimantan crosses the region.
News 3 hours ago

Jakarta Expands Flood Prevention With New Water Storage Ponds

Jakarta opens two East Jakarta water storage ponds as it expands flood prevention efforts through reservoirs and river normalization.
COPYRIGHT © 2026 JAKARTA GLOBE. ALL RIGHTS RESERVED