A Southeast Asian country quite off the radar of the international community is East Timor, the former Portuguese colony that got independent from Indonesia...
East Timor’s sovereign wealth fund, the Timor-Leste Petroleum Fund, in June 2013 reached a value of $13.6 billion, surpassing funds of oil-rich Gulf states...
The tiny Southeast Asian nation of East Timor plans to upgrade its infrastructure with state investments of up to $1 billion in 2012 from oil and gas revenue and attract foreign investors to engage in public-private partnerships.