Tuesday, 9 March 2010

PDT Timor. Over 2,500 businesses, and up to 22 million USD in business.

The Timor-Leste Online Procurement Database surpassed for the first time the 2,500 mark with 2,557 individual businesses featured.

While the Tender Distribution Services program reached the $8 million mark in terms of transactions it facilitated to local enterprises.

In the meantime, the Matchmaking team confirmed the program helped inject over $6 million in the economy of the nine districts in which it operates. Concrete examples of successful transactions facilitated by Peace Dividend Trust can be found here (below) on the PDM-TL project blog.

In summary, total confirmed and estimated transactions

Local procurement transactions created and accelerated by PDT: Total - $22,300,000

In February, the Business Verification team undertook verification and re-verification activities in Dili and in the district of Ermera.