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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 – 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.
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