Timore-Leste: Tibar Bay Port PPP Support
Advising the Government of Timor-Leste on structuring and implementing a viable transaction scheme for private sector participation in a greenfield container port terminal in Tibar Bay outside the capital city Dili.
In June 2016, the Government of Timor-Leste signed a 30-year, $490 million concession contract with the Southeast Asian state of Timor-Leste to build the country’s primary international seaport. The historic deal is the first public-private partnership undertaken in the post-conflict country as well as the largest ever investment with a private partner. The Concession is for the design, construction, financing and operation of the Tibar Bay port. It provides the exclusive right to handle international cargo, with some important carve-outs to meet government priorities.