Published On: 8th November, 2024
ETT ‘Town Hall’ Meeting
Wednesday, 30 October
East Timor Trading (ETT) was established in Timor-Leste in 2002 by Sakib and Neelo Awan and today employs close to 200 employees. As long-time investors in Timor-Leste and the owners of a successful business, the founders of ETT are committed to reinvesting in Timor-Leste. However, the reinvestment can only go forward if there is an even playing field.
Following East Timor Trading’s ‘Town Hall’ meeting on Wednesday, 30 October, attended by the management committee and the 40-strong line managers, Mr Sakib Awan, Chair of ETT, stated: “ETT’s continued presence as an employer and tax-payer in Timor-Leste, hinges on swift decision-making and efficient and transparent processes, on the part of government, that can facilitate our commercial objectives and secure our long-term financial sustainability through a level playing field”.
ETT has always strived to be fully compliant with the laws and regulations of Timor-Leste and has a strong Corporate Responsibility ethos, having built 3 pre-schools already, with a 4th starting construction and its commitment to build 1 pre-school in each of Timor-Leste’s 13 Municipalities. Its commercial activities are also strongly grounded on the growth of its employees, according them the opportunity to access training and skills enhancement and promotion within the company.
Whilst ETT is streamlining its operations to make the company fit for purpose, the reinvestment planned by ETT also aims to create job opportunities and, hence, further contribute to Timor-Leste’s development. ETT also believes that its planned reinvestment and business expansion, if an even playing field is enabled and its commercial objectives facilitated, will be a positive message to encourage potential investor’s confidence in Timor-Leste.
In a special event prior to the ETT Town Hall meeting, we were honoured to receive The President, who presented awards to Mrs Neelo Awan and Mrs Zeenat Aluwihare for their services to Timor-Leste.