Impact of Timorese Entrepreneurs The Local Story

Jape Group International Dili Development Company Lda (DDC)

ALAN F K JAPE – GROUP MANAGING DIRECTOR

The Timor-Leste International Investment Conference

Dili, Timor-Leste 6th June 2016

Jape Family - History

Jap Kong Su Firma Jap A Lem

Darwin – After Cyclone Tracy

Source: https://emmaacollins.wordpress.com/

Why We Came Back to Invest? Heritage and connection to the country

A chance to rebuilt and contribute to our homeland

The opportunities for investment and growth and expand our portfolio

Timor-Leste – Early Days of Independence

Source: http://apjjf.org/-Jeff-Kingston/1706/article.html https://en.wikipedia.org/wiki/1999_East_Timorese_crisis#/media/File:Alexius_zerst%C3%B6rtes_Dili_2000.jpg

Business Evolution

Early Years UN economy

Small businesses with inadequate planning and lack of good business concept

Challenges: political instability, language barrier, unreliable statics, lack of skilled labour, lack of infrastructure, unreliable supply, uncertain spending capacity and demand

Milestone

Independence

UN

- The incorporation of DDC

- Timor Plaza: Construction started

Timor Plaza

opened for

business

CBD 2 and CBD 4

started operation

CBD 3 started

operation

CBD 5 and CBD 8 will

start operation

1999 2001 2011 2012 2015 2009 2016

Timor Plaza – Ground Breaking Ceremony

Timor Plaza – Ground Breaking Ceremony

Timor Plaza

Timor Plaza – Opened in 2011

Retail Activities

The CBDs

Timor Plaza

Retail Activities

Past Events & Publications

Gloria Jeans – First Franchise Opened in 2012

Platinum Cineplex

TL Sports

https://www.facebook.com/TLSportstimorleste/?fref=ts

More Prominent Retailers in Dili Central

Improvements Stability in government

Improvement of the country’s infrastructure

Development of the legal framework

Progress in Industrial Relations and Labour Code

Simplification of company registrations

Clearer immigration & working visa policies

More defined taxation legislation and applications

Investment Incentives Low company tax rate of 10%

100% depreciation of capital assets

10% personal income tax

Low import duty of 2.5% (on most products)

Exemption from customs duties and taxes on the import of capital assets such as building materials for factories, hotels; and raw materials for manufacturing

New Retail Landscape

Timor Plaza – Opening Ceremony

Dili Central Expansion

Dili Central – Master Plan

Dili Central – Today

CBD 8 – Jape Alem Memorial Clinic

- The groundbreaking ceremony took place on 24 September 2014 attended by the First Lady, H.E. Dra. Isabel da Costa Ferreira and a number of other distinguished guests

- CBD 8 will house Jape Alem

Memorial Clinic on its ground floor

- Jape Alem Memorial Clinic is a

collaboration between Order of Malta and Jape Kong Su Charity Trust providing affordable medical care and free medical care for eligible Timorese

Groundbreaking Ceremony

Dili Central – Future Development

& @ Dili Central

Six-storey development combining office space, hotel accommodation and hospitality learning centre (future project)

& @ Dili Central

Tourism: The Future of Timor-Leste

Fundamentals to be developed

Human resources

Stunning sceneries & rich local culture

Key location of tourism industry

Timor-Leste

https://celestefranciscap.files.wordpress.com/2014/05/th.jpg

Timor-Leste

Suai Village – (Photo courtesy of Tourism Ministry – RDTL)

Timor-Leste

Denpasar

Dili

Darwin

Timor-Leste

Cristo Rei – (Photo courtesy of Tourism Ministry – RDTL)

Pacific Beach Resort

Pacific Beach Resort

Pacific Beach Resort

Pacific Beach Resort

Timor-Leste

View from Cristo Rei – (Photo courtesy of Tourism Ministry – RDTL)

http://www.informa.com.au/conferences/mining-conference/oil-gas-conference/the-timor-leste-international-investment-conference

Timor-Leste

Behau - Manatuto

Thank you

Disclaimer This presentation is prepared by Dili Development Company, Lda (DDC). DDC advises that particulars in this brochure are provided in good faith and are believed to be correct at the time of printing. Variations may occur in the future and no warranty is given as to the accuracy of the information contained herein. Any retailer having regard to material or information contained in this presentation, should appreciate the risks involved in making any commercial decisions based on historical or any predicted trading patterns. Any intending lessees should not rely on them as statements or representation of fact and must satisfy themselves as to the correctness of each particular. This information is only illustrative and does not constitute an offer, warranty or being representation as to the design, style layout, merchandise mix ort appearance of the development or as to the size or location of shops or mall areas contained within the development. DDC at their sole discretion reserves the right to vary the plans and illustrations shown in this information.