Guangdong-Macau industrial park in Hengqin draws 25 projects worth 79.3 billion yuan

2021-09-10 03:50
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BEIJING – The Guangdong-Macau Cooperation Industrial Park in Hengqin has provided land for 25 projects with an agreed investment of 79.3 billion yuan a senior official said yesterday.

Hengqin has played an initial role in promoting the moderate diversification of Macau’s economic development, said Lin Keqing, executive deputy governor of Guangdong province, at a press conference.

It has attracted 4,578 enterprises from the Macau Special Administrative Region (MSAR) to register there, while 314 Macau businesses are operating in Hengqin, Lin said.

An industrial park of traditional Chinese medicine (TCM) jointly built by Guangdong and Macau has fostered 50 Macau pharmaceutical projects, he said.

Four state key laboratories in Macau have set up branches in Hengqin, incubating 613 innovation and startup projects from Macau, he said.

The central authorities issued a general plan for building a Guangdong-Macau in-depth cooperation zone in Hengqin on September 5. – Xinhua

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