Real Madrid star Figo is struggling with an ankle injury while Milan ace Rui Costa has saw his season ravaged by series of problems.
Oliveira is confident that the key duo will be fit to play in the Far East.
Portugal have also handed a shock call-up to previously uncapped Maritmo midfielder Daniel Kenedy due to injuries to Simao Sabrosa and Luis Boa Morte.
"Kenedy is in excellent form," said Oliveira."After looking carefully at our qualifying performances and our exhibition games, we decided the left side of the midfield might be weak."
Braga goalkeeper Joaquim "Quim" Silva is left out despite his three-month ban after testing positive for nandrolone ending this week
Benfica star Marco Caneira, is another surprise name in the final selection having previously won just one cap.
Full squad:
Nelson Pereira (Sporting Lisbon), Ricardo Pereira (Boavista), Vitor Baia (FCPorto). Abel Xavier (Liverpool), Beto (Sporting Lisbon), Marco Caneira (Benfica), Fernando Couto (Lazio), Nuno Frechaut (Boavista Porto), Jorge Andrade (FC Porto), Jorge Costa (FC Porto), Rui Jorge (Sporting Lisbon) Nuno Capucho (FC Porto), Luis Figo (Real Madrid), Paulo Bento (Sporting Lisbon), Paulo Sousa (Espanyol/Spa), Pedro Barbosa (Sporting Lisbon), Petit (Boavista), Rui Costa (Milan), Sergio Conceicao (Internazionale), Daniel Kenedy (Maritimo) Joao Pinto (Sporting Lisbon), Nuno Gomes (Fiorentina), Pauleta (Bordeaux)
