Timor-Leste: Airport Project Specific Decree

The objective of this activity is to provide support to the Government of Timor-Leste (“GOTL”) to prepare a Project Specific Decree Law (“PSDL”) to serve as legal basis for a long-term PPP Concession for the expansion, upgrade, operations and maintenance of the Dili International Airport. GoTL, with the support of IFC, will undertake a competitive tender process to select a private partner, and following bid award and the satisfaction of certain conditions, the parties will then enter into a long-term PPP Concession Agreement. The PSDL is meant to provide the private partner certainty on specific provisions of the PPP Agreement.