The Macau Trade and Investment Promotion Institute (IPIM) took a delegation to Indonesia on Monday on the first stop of its 11-day Southeast Asia tour to promote the Guangdong Macau In-depth Economic Zone in Hengqin and trade cooperation between Macau and Indonesia.
Indonesia is the largest country in Southeast Asia, the fourth most populous country in the world and the largest economy in Southeast Asia, the statement pointed out.
The statement said that IPIM carried out a string of investment promotion activities in Jakarta, and also conducted in-depth exchanges with the Chinese embassy in Indonesia, representatives of Indonesia’s Ministry of Trade, the Indonesian Chinese Entrepreneur Association (ICEA), and Indonesia’s Sinar Mas Group on Monday in order to promote economic and trade cooperation between Macau, Hengqin and Indonesia.
ICEA Chairman Abdul Alek Soelystio was quoted as saying that Indonesia and Macau have enjoyed a sound foundation of interaction and cooperation over the years and that he hopes the bilateral cooperation could be further extended in the future. The ICEA will continue to do its best to provide the necessary legal and regulatory consulting services for investors who come to Indonesia, he said.
IPIM President Vincent U U Sang introduced Macau’s development strategy, advantages as a China-Portuguese speaking countries trade platform and the local government’s policy support, which could help Indonesian entrepreneurs invest in Macau and Hengqin, as well as to create a win-win situation and share the development opportunities of the Guangdong-Hong Kong-Macau Greater Bay Area (GBA).
Executive Committee of the Guangdong-Macau In-depth Cooperation Zone in Hengqin Deputy Director Fu Yongge introduced the open investment environment thanks to the integration of Hengqin and Macau, and the industrial development model of the two places, offering unique advantages in setting up a domestic and international dual circulation strategy, connecting the domestic and international markets and utilising the two major (domestic and international) resources.
This photo provided by the Macau Trade and Investment Promotion Institute (IPIM) yesterday shows its team meeting representatives from Indonesia in Jakarta on Monday. – Photo by IPIM
