Mr. Abel Ximenes

Meanwhile in Dili, largely deserted by its fearful population over the past week, Minister of Development Abel Ximenes tendered his resignation.

Ximenes told Lusa he was stepping down because he had "no conditions to continue in government, to promote investments in East Timor", given the current climate of uncertainty.

"Only a crazy investor would invest money in East Timor now", Ximenes, a member of the ruling FRETILIN party's Central Committee, said.

Minister of Development Abel Ximenes stated last Friday that his Ministry would ask both World Bank and Timor Telecom for information related to the recent assessment by the World Bank that Timor Telecom charges the highest rates for communication services in the world, and also the fact that the issue was raised recently at the Parliament's plenary session by MP Leandro Isac.Ximenes.He added that after analysing the comparative data on the matter provided by both institutions, he would then be able to comment, and take any necessary measures. (Timor Post)
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Director of EDTL, Ximenes: Macau company does not have the capacity to handle EDTL operations

The director of EDTL (the Central Power of Timor-Leste), Helio Ximenes told STL that it is better to replace the current operating company handling the power supply business in Timor- Leste since it has not made any improvement or development to the operation of Timor-Leste power supply and its management, STL reported.He added that since there has not been any development within EDTL after two years of the company's operations, it is clear that the company does not have the capacity to handle the operation of Timor-Leste power supply.Therefore, he suggested that the Timor-Leste government replace the operating company with another one. (STL)
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Ximenes: "Not true that I will nominate myself as SG of Fretilin"

Minister of Development Abel Ximenes has reportedly denied the rumour that he will nominate himself as Fretilin Secretary General at the 2006 Fretilin National Congress.Speaking to journalists on Friday after meeting with Prime Minister Mari Alkatiri, Ximenes said that he has no plans, nor the ambition to carry such an important role.He acknowledges that he is not a strong candidate, and that what he really hopes for is that his party Fretilin will be able to become a strong and united party in Timor-Leste. (TP)

Later former development minister Abel Ximenes said the congress must produce an alternative leadership if "we are to have an efficient response to the problem of these soldiers".

Ximenes quit his job over the handling of the riots and has joined the Guterres team.

Meanwhile in Dili, largely deserted by its fearful population over the past week, Minister of Development Abel Ximenes tendered his resignation.

Ximenes told Lusa he was stepping down because he had "no conditions to continue in government, to promote investments in East Timor", given the current climate of uncertainty.

"Only a crazy investor would invest money in East Timor now", Ximenes, a member of the ruling FRETILIN party's Central Committee, said.

He said he would participate in the party's upcoming congress, slated for May 17-19, in hopes of making the party "more open and ready for the challenges of the 21st century".

Meanwhile in Dili, largely deserted by its fearful population over the past week, Minister of Development Abel Ximenes tendered his resignation.

Ximenes told Lusa he was stepping down because he had "no conditions to continue in government, to promote investments in East Timor", given the current climate of uncertainty.

"Only a crazy investor would invest money in East Timor now", Ximenes, a member of the ruling FRETILIN party's Central Committee, said.

He said he would participate in the party's upcoming congress, slated for May 17-19, in hopes of making the party "more open and ready for the challenges of the 21st century".

Abel Ximenes
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Abel Ximenes Minister for Development

The Vice Minister (Mr. Abel Ximenes) representing the Prime Minister as the Minister of Development and Environment also addressed the launch after the opening remarks of the Minister.

After the opening ceremony on Monday, the Minister for Development, Abel Ximenes, told journalists that the seminar was aimed at enhancing the knowledge of public officials about investment, especially domestic investment.