The EU and the European Investment Bank (EIB) will invest €5 million in a development programme in Timor-Leste focusing on water, sanitation and forestry, the EIB announced on Wednesday 22 September.
This programme will enable partners to create a pipeline of bankable projects, identify their potential co-financiers and accelerate implementation with €4.75 million in technical assistance from the EIB and €250,000 in grants from the Cotonou Agreement envelope for Timor-Leste.
The...