Recognizing the positive investment environment in Timor-Leste, Heineken set up a multi-beverage plant in 2016 in Hera. The factory produces up to 30 million litres of the Heineken range ofbeers and PepsiCo soft drinks annually. The plant was constructed on time and budget, and services a rapidly growing market.
The Government of Timor-Leste has signed a Special Investment Agreement with TL Cement, an Australian privately owned company. TL Cement will build a large-scale cement-manufacturing facility in Baucau. The project will provide training and employment for 650 people, and feed local and international markets with cement clinker base. The environmental impact assessment has been submitted to the Government of Timor-Leste for its approval.