Use of the Cash Balance

83 Consequently, it is widely believed that it will alleviate congestion as well as address some of the limitations of the existing Dili Port, which has very limited expansion possibilities and is capable of berthing only small vessels. This is viewed as necessary due to the expected increase in the demand for imports given the forecasted increase in economic growth in Timor-Leste. In terms of construction, the project has three main components: the preparation of the site, the installation of the port facilities and their respective maintenance, both during and after its implementation. The Tibar Bay Port is expected to be funded partially through the Infrastructure Fund and partially through concessional loans from the World Bank, the European Investment Bank, the Asian Development Bank ADB andor other multilateral partners. The Dili Water Supply System is another project in the PPP project cycle. The final pre – feasibility report was presented to the Council of Ministers and approved to proceed for the feasibility study. Further to this, the Government has decided to pursue a more detailed investigation for possible private sector participation in the construction andor operation andor management of the Dili Water Supply sector through a PPP modality. The purpose of this on going study is to provide information and analysis that will allow the Government to decide whether to pursue reform for the water services in the capital city of Dili. The study is expected to be concluded in the beginning of 2016. Further to this and if a PPP modality is selected for the reform, the Government will launch an international tender to select the private partner. In the power sector, the Government has made a very significant investment in the last few years. Two power plants have been built in Hera and Betano and are currently producing energy, and a network of transmission lines supplying electricity to all parts of the country has been nearly completed. However, the Government is currently facing another challenge: how to manage, operate and maintain these power plants, and how to adequately transmit and distribute electricity to the Timorese people. The Government, with support from the ADB, undertook an initial assessment with a view to see the potential for PPP activities. In 2016 the Government will develop a full feasibility study to identify what activities can be selected to implement through the PPP modality. The Government is also looking for possible partnerships with the private sector in the health sector. Improving health outcomes is critical to stability, economic growth and poverty reduction in Timor-Leste. Timor- Leste’s Co stitutio establishes that medical care is a fundamental right for all citizens and imposes a duty on the government to promote and establish a national health system that is universal, general, free of charge and, as far as possible, decentralized and participatory. The health system has been rebuilt since 1999, but the Government is aware of the challenges it faces and has identified a number of areas in which it believes that PPPs may play a role in improving health services.