• Wed. Feb 28th, 2024

Macao-Hengqin Delegation Encourages Expenditure in Malaysia to Share Company Possibilities

MACAU, March 22 – From 18 to 20 March, the Macao-Hengqin Investment Marketing Delegation (“the Delegation”) organised a selection of expenditure invitation gatherings in Malaysia, which includes significant marketing seminars, business enterprise matching sessions, and visits to organizations and enterprises such as the Malaysia-China Chamber of Commerce and SkyeChip. Both of those sides exchanged sights on scientific and technological innovation, two-way expense, industrial co-procedure, and other issues.

Dazzling prospect for co-operation in competitive industries

As of 2022, China is Malaysia’s major investing partner for 14 consecutive many years. From 18 to 20 March, the delegation successively launched advertising seminars specially for significant-tech industries in Penang and Kuala Lumpur and ended its trip with the Macao-Hengqin Expenditure Promotion Seminar 2023 (Malaysia), which was attended by just about 130 guests from many sectors.

President of the Malaysia-China Chamber of Commerce Bathroom Kok Seong explained at the conference that China is a top rated expense spot for Malaysia’s enterprises, and that  more expense opportunities will come up from Macao-Hengqin company environment, industrial growth basis, and favorable insurance policies, particularly new industries concentrating on know-how and innovation.

Deputy Director of the Govt Committee of the Co-operation Zone Fu Yongge stated in his speech that China and Malaysia have strong economic and trade complementarity, fostering a solid foundation for co-operation. In view of the infinite prospects that will crop up from co-operations amongst Macao, Hengqin, and Malaysia in this kind of spots as engineering, R&D, biomedicine, tradition, tourism, trade, modern day finance, and digital economy, he expressed his hope that the advertising seminar would serve as an option to establish a realistic co-procedure bridge among the small business communities of both sides.

President of Macao Trade and Investment decision Marketing Institute (IPIM) Vincent U launched Macao’s expenditure environment and promoted Macao-Hengqin development options. He stated, Macao is a separate customs territory and positive aspects from favorable disorders for economic and trade co-procedure with the European Union and Portuguese-speaking nations around the world. Alongside with a range of advantageous policies and programs, it can supply unrestricted business enterprise options for overseas enterprises.

Director of the Financial Development Bureau of the Co-operation Zone António Lei elaborated on Hengqin’s favorable insurance policies and company surroundings, such as industrial progress, critical parks, and favorable guidelines of the Co-operation Zone, as nicely as the core procedures and financial investment possibilities of the Co-procedure Zone. He welcomed Malaysian buyers to devote in Hengqin and share in its advancement positive aspects.

Throughout the seminar, business reps from Macao and Hengqin signed four co-operation agreements with enterprises in Malaysia. These agreements cover a diverse variety of topics, which include the source of new electricity and elements, construction of new energy programs, trade of highlighted meals products and solutions, and Malaysian model actions.

Facilitating 80 enterprise matching sessions

On the afternoon of 20 March, the “Malaysia-Macao Organization Matching Session” attracted around 70 nearby business owners in Malaysia to have on-internet site small business matching with 22 associates from Macao enterprises. More than 80 enterprise talks took area, covering areas together with finance, tourism, MICE, trade, and catering.

The current enterprise associates stated that the collection functions enabled them to have an in-depth and additional in depth comprehension of both Macao and the Co-operation Zone in Hengqin, including that they ended up optimistic about the expense and progress potential customers of Macao and Hengqin and would further study the policy of the two areas, have discipline trips as quickly as feasible, and entirely leverage related procedures to carry out co-procedure with the two places in a variety of fields.

The Delegation is composed of the relevant staff from the Govt Committee of the Co-operation Zone, IPIM, the Economic Growth Bureau of the Co-procedure Zone, as properly as business associates from Macao and Hengqin. Its users contain Deputy Director Fu Yongge, Deputy Director Su Kun of the Government Committee of the Cooperation Zone IPIM President Vincent U Director  and Deputy Director of the Economic Improvement Bureau of the Co-operation Zone António Lei, Zhang Ge Vice President of the Board of Administrators of the Industrial Affiliation of Macau Wong Tim Fok the representative of Chairman Lender of the Macau Affiliation of Financial institutions Choi Chun In, and reps of Macao’s industrial and professional sectors.


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