Timor Leste president Jose Ramos Horta (centre) gestures during the inauguration ceremony of Tibar Bay port, operated by French company Bollore in Liquica, East Timor on Novr 30, 2022. - AFP
DILI (AFP): Timor-este inaugurated a new deepwater port on Wednesday (Nov 30) operated by a French conglomerate, in the largest ever single foreign investment on an infrastructure project in South-East Asia's youngest country.
The US$490 million port at Tibar Bay near the capital Dili is expected to expand trade for Timor-Leste one of the poorest countries in the region.
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