Presidency of the Council of Ministers
V Constitutional Government
.............................................................................................................................
Dili, November 21st, 2014
 Press Release
The Council of Ministers met extraordinarily this 
Friday, November 21st, 2014, in the Council of Ministers Meeting Room, at the 
Government Palace, in Dili, and approved two diplomas:
1. Government Resolution 
approving the Investment Agreement with Heineken Asia Pacific Pte. Ltd.
The Heineken Asia Pacific Pte. Ltd proposed 
project, for the construction of a beer factory in Timor-Leste, entails an 
investment exceeding forty million dollars.
Following the proposal evaluation by an 
Investment Commission comprised by several institutions, and whose results were 
presented to the Council of Ministers on the meeting of September 
17th, the Government has decided to approve an Investment Agreement 
with Heineken, under which some tax benefits provided for in the Investment Law 
are conceded to the company.
2. Decree Law regulating the 
Special Development Fund
The Fund is aimed at financing, in an efficient, 
safe and transparent way, the implementation of a set of projects included in 
the development plan for the Special Administrative Region of Oe-Cusse 
Ambeno.
The Council of Ministers also analyzed four 
presentations:
1. Pelican Paradise Investment 
Project
The State Secretariat for the Support and 
Promotion of the Private Sector presented to the Council of Ministers the 
investment project from the international company Pelican Paradise Holdings 
Timor-Leste located in Singapore, for the construction and exploration of a five 
star hotel complex located between Díli and Tibar, with an investment of around 
310 million dollars.
The project includes a hotel with 492 bedrooms, 
gym, restaurant, spa, convention center for one thousand and five-hundred 
people, golf course, commercial area and residential area.
During the construction stage of the hotel 
complex, the Investor estimates that one-thousand and five-hundred direct jobs 
may be created, 70% to 80% of which can be carried out by Timorese. Once the 
hotel complex is completed and operational, the investor foresees that 830 jobs 
will be established and maintained, 70% to 80% of which can be carried out by 
Timorese.
2. Arbitration Process and Maritime 
Boundaries Dispute
The Ministry of Petroleum and Mineral Resources 
presented, to the Council of Ministers, an current assessment of the Arbitration 
Process and Maritime Boundaries Dispute.
3. Timor GAP Activity Report
The Ministry of Petroleum and Mineral Resources, 
alongside the President for Timor GAP, E.P. has presented, to the Council of 
Ministers, the company’s Activity Report, for the years 2012 and 2013. The 
documents include detailed data on human resources, accomplished projects and 
projects to be developed, Timor-Leste Onshore prospecting studies, 
business and partnership opportunities, development of the National Oil 
industry, joint petroleum development area, amongst others.
4. Calendar of Activities during the 
Presidency of the CPLP
The Ministry of Foreign Affairs and Cooperation 
presented, to the Council of Ministers, the calendar of the activities scheduled 
to occur during the Rotating Presidency of the Community of Portuguese Language 
Countries (CPLC), by Timor-Leste (2014-2016), and of which the highlights are 
the high level ministerial meetings between ministers of several areas, from the 
nine countries belonging to this organization.