Partnering with Timor-Leste to improve airport facilities
The Australian and Timor-Leste Governments have today signed financial agreements to redevelop the President Nicolau Lobato International Airport in Dili, through the Australian Infrastructure Financing Facility for the Pacific (AIFFP).
The redevelopment package underscores Australia’s commitment to supporting Timor-Leste’s economic recovery, diversification and resilience. As the country’s main international gateway, the airport is key to driving further economic opportunities for Timor-Leste.
Australia joins the Asian Development Bank, International Finance Corporation, and Japan International Cooperation Agency as partners with Timor-Leste on the redevelopment project.
Australia’s contribution will deliver critical infrastructure components including improving road access to the airport terminal, lighting, and new rescue firefighting and healthcare facilities. Australia’s investment has been designed to improve the lives of the Timorese people and maximise local jobs, especially for women.
The concessional financing package is Australia’s first sovereign loan to Timor-Leste and a milestone in the relationship between our countries. The $97.7 million package includes a $57.1 million AIFFP loan and up to $40.6 million in grants.
As a major lender in the region, Australia is delivering infrastructure projects that are sustainable, meet international standards and do not impose unsustainable debt burdens.
The Australian Government has also financed and supported project preparation through its Partnerships for Infrastructure program.
The financial partnership was signed in Dili by HE Dr Rui Augusto Gomes, Minister of Finance for the Government of Timor-Leste, and Mr Ridwaan Jadwat, First Assistant Secretary, Southeast Asia Maritime Division, Office of Southeast Asia, Department of Foreign Affairs and Trade.
The Australian Government is committed to strengthening our relationship with Timor-Leste, including through partnerships to deliver quality, climate resilient infrastructure, boost economic activity and create local jobs.
For more information about the AIFFP or this investment, visit Timor-Leste Airport Facilities Project.
- Minister's office: (02) 6277 7840
- DFAT Media Liaison: (02) 6261 1555