Timor-Leste: Overview & Impact
Population: 1.2 million (UN, 2010)
Languages: Tetum, Portuguese
Monetary unit: Dollar
Main Exports: Coffee, oil
GNI per capita: US $2,460 (World, Bank, 2009)
ODA received:$217 million (OECD, 2009)
Human Development Index ranking: 147 out of 189 (UN, 2010)
Estimated GDP growth: 7.4% (UN, 2009)
The Sustainable Marketplace Initiative operated in Timor-Leste between 2007 and 2011. During this period, the project had a significant impact on local market development.
- Helped facilitate over 13,000 local transactions and redirected more than $20 million into the Timorese economy.
- Through verification surveys and registration on the Building Markets Local Business Directory, the project team brought visibility to more than 3,000 Timorese businesses, including 952 that were female-owned.
- Tender Distribution Services collected and disseminated more than 723 tenders to local businesses, creating transparency in contracting and increasing access to new business opportunities.
- The Building Markets operation in Timor-Leste included micro-matchmaking, a unique innovation in Timor-Leste. This service worked in nine districts to facilitate thousands of smaller transactions in the poorest and most isolated parts of the country. In addition to having a significant impact on rural livelihoods, this helped re-establish business relationships with Indonesia, Timor-Leste’s largest trading partner.
- Through communication and advocacy efforts the team helped raise the profile of local procurement and received the full backing of the Government of Timor-Leste.