DILI – When Julian Chiang landed in Timor-Leste in 2012, the Singaporean was shocked to see chickens and cows on the runway at the airport.
But after several days travelling around the capital Dili, he felt the city had potential for businesses.
More than a decade later, the oil and gas firm where Chiang works as a director now supplies diesel, petroleum and bitumen to various projects in the country. Global Group – which was founded in Singapore and has a presence in other countries in the region – now also owns nine petrol stations in Timor-Leste.
Speaking to The Straits Times on July 2, Chiang said: “If you look at the country, there’s a lot of potential for investment.
“This country has potential in construction, agriculture – having been an agrarian-based society – and tourism, with the nice beaches.”
Chiang, 57, who is one of about 50 to 60 Singaporeans based in Timor-Leste, met Prime Minister Lawrence Wong during an overseas Singaporean reception on July 2. The event was held at Palm Springs Hotel Dili during PM Wong’s two-day visit to Timor-Leste.
PM Wong, the first Singapore prime minister to visit Timor-Leste, arrived on July 2, ahead of his meetings with Timor-Leste President Jose Ramos-Horta and Prime Minister Xanana Gusmao on July 3.
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