The Macau Trade and Investment Promotion Institute (IPIM) has arranged for a delegation to visit Indonesia, Malaysia and Singapore which aims to promote economic, trade, and investment cooperation between Macau and countries along the Belt & Road (B&R).
Until next Wednesday, IPIM representatives will conduct promotional seminars, business matching sessions and business visits in the three Southeast Asian nations. The tour started yesterday. The statement did not say where it went first.
The delegation will attend an investment promotion conference hosted by the executive committee of the Guangdong-Macau In-depth Cooperation Zone in Hengqin, which will introduce the business and investment environment in Macau and Hengqin, as well as their industrial policies and incentives for enterprises in Indonesia, Malaysia, and Singapore and also to showcase Macau’s image.
IPIM will also organise onsite matching sessions for enterprises from both sides to foster cross-regional cooperation, the statement said.
IPIM also aims to attract investors to Hengqin, especially those that are aligned with Macau’s “1+4” model to appropriately diversify Macau’s economy while putting special emphasis on promoting the development of four key new industries, namely big health, modern finance, high-tech, and conventions and exhibitions as well as culture and sports.
The delegation will also coordinate meetings with local trade promotion agencies in addition to visiting well-known enterprises, in order to expand the scope of cooperation between the Macau business community and Indonesian, Malaysian and Singaporean enterprises.
The IPIM delegation includes representatives of enterprises based in the Guangdong-Macau In-depth Cooperation Zone in Hengqin, namely from the industrial and commercial sectors, the MICE sector, integrated tourism and leisure sector, professional services sector and commodity trading sector, as well as the Southeast Asian Chinese related chambers of commerce, the statement noted.
