Timor-Leste: Land of the sleeping crocodile awakens to Asean’s promise
A seat at the table could unlock investment opportunities in tourism, real estate, agriculture and renewables
[SINGAPORE] Folklore tells of a boy who saved a stranded crocodile. In return, the creature carried him towards the rising sun, fulfilling his dream of seeing the world. It later promised the boy a forever home, transforming into an island named Timor.
History tells a bleaker origin story.
Fierce contestation between colonial powers in the 17th century split the isle into two: A western half ruled by the Dutch before becoming part of Indonesia; and the eastern half controlled by the Portuguese, until their sudden exit left a vacuum swiftly filled by Indonesia’s annexation. After a brutal quarter-century of occupation, the east won independence.
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