After an international call for tenders launched by the Timor Leste authorities, Bolloré Ports was selected to realise this ambitious project, the country's first public-private partnership. It represents a total of a 490-million-dollar investment over a 30-year period ― the largest investment ever made in Timor Leste with a private partner.
This port project includes the construction of a 630-meter wharf with a 15-metre draught, the creation of 27 hectares yard, and the installation of a new ultra-modern equipment meeting the highest international standards, including two ship-to-shore cranes (STS) and five rubber-tired gantry cranes (RTG) on start-up.
Timor Leste’s new container terminal will offer a high level of productivity and will be able to operate 7,500-TEUs. To best preserve biodiversity, environmental studies were also conducted for one year before starting the first phase of construction. This new project will furthermore create 350 direct jobs, to which over 500 positions will be added during the construction phase.
“Today, we are pleased to announce the start of works on the new Tibar port in Timor Leste. Our Group is very proud to have accompanied the country in this new step in its development. This new ultra-modern portal hub will promote maritime trade, particularly between China and Northern Australia, and thus instil a new economic dynamic in the region” said Philippe Labonne, CEO of Bolloré Ports.