Macao Hengqin Group to Invest Overseas

2023-03-27

"Business Matching Session" negotiation site between ASEAN enterprises and delegations. (Courtesy of the Macao Trade and Investment Promotion Bureau) Macao and Hengqin jointly formed a business promotion delegation (hereinafter referred to as the "delegation") from March 12 to 21, which went to Indonesia, Singapore, Malaysia to carry out business promotion, forum research, enterprise visits, and other activities. It organized about 280 business matches, facilitated six on-site cooperation contracts, and released positive signals of Macao and Hengqin integration and high-level opening up to the outside world to the international market, with positive results. It is reported that this is the first overseas investment promotion since the Hengqin Guangdong Macao Deep Cooperation Zone (hereinafter referred to as the "Cooperation Zone") Executive Committee was listed, and it is also the first creative joint visit between Macao and Hengqin, laying a solid foundation for the subsequent establishment of a collaborative investment promotion mechanism between Macao and Qinhuangdao and the joint exploration of investment opportunities. "The biggest highlight of this visit is' integration of Macao and Qinhuangdao ', which is the first time that Macao and Qinhuangdao have jointly promoted the new model of' Macao Platform+International Resources+Hengqin Space+Achievement Sharing 'to the overseas business community, highlighting the synergistic effect of' 1+1>2 '." Yu Yusheng, Chairman of the Macao Trade and Investment Promotion Bureau, said that the response from the three countries and four cities visited by the delegation was positive and enthusiastic. "During the entire investment promotion process, ASEAN investors have very high expectations for development in Australia and Qinhuangdao, both directly settling in Australia and entering the mainland market through Australia and Qinhuangdao." Li Ziwei, Director of the Economic Development Bureau of the Cooperation Zone, said that practice has proven that the model of joint investment promotion in Australia and Qinhuangdao is appropriate and effective, and more places can be visited for joint investment promotion in the future. It is revealed that the delegation plans to carry out a series of investment promotion activities in Japan and South Korea in the near future, and is currently making preliminary preparations. (Liao Xinshe)

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