The Specialized Investment Agency is a public institute conferred with its own legal personality and judiciary capacity, autonomous in its administrative, finance and assets, established under the decree-law no. 34/2014 dated 3 December. The referred decree-law establishes the Specialized Investment Agency as the One-Stop-Shop for Investment and Export Promotion as of 1 of January 2015 replacing TradeInvest Timor-Leste. The President of the Republic promulgated the decree-law on 24 November 2014

     The Specialized Investment Agency whose Portuguese name is Agência Especializada de Investimento, abbreviated as AEI, is the One-Stop-Shop for Investment and Export Promotion of the country bestowed with the following mandates:

    1. Organize promotional activities and attract private investment and reinvestment as well as export promotion such as visiting missions, fairs, conferences, seminars, expos, markets and others, within and outside of Timor-Leste.
    
     2. Establish partnerships or other forms of cooperation with public and private entities, nationals and internationals, in collaboration with other relevant and competent authorities.
    
     3. Promote training activities for the economic agents, among others, hold conferences, seminars and other initiatives, in order to disseminate legal regime applicable to private investment or reinvestment and external trade.
    
     4. Produce six monthly reports on the opportunities and advantages of private investment or reinvestment or export of goods and services as well as brochures or other promotional materials.
    
     5. Coordinate and promote, in a strategic linkage with government agency responsible for foreign affairs, the activity developed by the economic diplomacy of Timor-Leste abroad.
    
     6. Act as One-Stop-Shop service for reception and guidance of private investors, providing them with all the information relating to private investment or reinvestment in the country.
    
     7. Ensure the processing of requests for Investor Certificate or Special Investment Agreement, in coordination with other public authorities and agencies involved to obtain the permits, visas, registers and licenses necessary for the approval or implementation of investment projects or reinvestment in Timor-Leste.
    
     8. Record all requests for Investor Certificate and Special Agreement on Investment.
    
     9. Enter into agreements with private investors for the implementation of investment projects or reinvestment in Timor-Leste.
    
     10. To monitor compliance with legal and contractual obligations of private investors and the obligations contained in the Investor Certificate or Special Agreement on Investment, determining the expiry or revocation in case of total or partial non-compliance with legal or contractual obligations of the investors.
    
     11. To provide support for investments in the country in order to foster and promote reinvestment.
    
     12. Cooperate actively with the Public Administration in the study, design and implementation of policies and procedures that facilitate and accelerate private investment or reinvestment in the country, including the drawing up of protocols or other forms of cooperation that will allow coordination between departments and agencies.
    
     13. To study and recommend to the member of Government responsible to adopt economic, legislative, regulatory and financial measures, whenever necessary or convenient to encourage private investment or reinvestment or foreign trade.
    
     14. Practice other acts determined by its Statute or other applicable legislation.

     Article 7 of the decree-law empowers the State Secretary for the Support and Promotion of the Private Sector to nominate the President of the Agency. Mr. Felizberto Araujo Duarte (Tony) was subsequently nominated as the President of the Specialized Investment Agency for a period of 5 (five) years commencing January 2015.  

     It is the competency of the President of the Agency, as foreseen in article 27, to recruit, select, contract, evaluate, exercise disciplinary action, promote or reform of staff of the Agency, as per the law.

     As the new Government Agency acting as the One-Stop-Shop for Investment and Export Promotion, the staff recruitments will be gradually conducted to fulfil the needs of the agency commencing in January 2015. Mastery of foreign languages particularly English is a must for the Agency to be able to provide top-notch services to international investors.

End.


Thank you picture from : http://www.invest-tl.com/

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