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Mar 12, 2013

Akara: Setting criteria before inviting investors

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*Timor Post, March 12, 2013 Language source: Tetun

Non-Governmental Organization (ONG), Luta Hamutuk agrees with President of the Republic's initiative to invite international investors to invest in Timor-Leste, but the Government should set criteria first to regulate them

"I think President of the Republic has strong reason to invite investors to invest in the country to reduce unemployment, but we are concerned about the criteria and hope the Government can establish criteria to define international investors in order to avoid problems that might happen afterward," Director for Luta Hamutuk, Mericio Akara told Timor Post on Monday 11.

Mericio Akara made the comments in regard to President of the Republic, Taur Matan Ruak's initiative to invite investors to invest in the country.

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