Brazilian company Pif Paf wants to invest in Macau

30 November 2005

Macau, China, 30 Nov – Brazilian distributor, Pif Paf wants to make Macau its export platform for the Chinese market and Southeast Asia, Macau magazine reported in its September issue.

Pif Paf, which already has an office in Macau, plans to sell meat (pork and chicken) and Brazilian-made fruit juices as well as setting up a coffee mill in the territory.

For Edvaldo José Campos, Pif Paf’s sales director, “the economic and trading future between Brazil and China will be brilliant, with Macau as the great interface between the two worlds.”

“The logistics and administration support provided by the Special Administrative Region of Macau, particularly by the Institute for Promotion of Investment in Macau (IPIM) was also decisive in our investment in the Chinese market,” Campos told Macau magazine.

Pif Paf’s decision to set up in Macau occurred after Macau’s Chief Executive, Edmund Ho visited Brazil. Later, the company’s president, Luís Carlos Mendes Costa, traveled to Macau with a delegation to learn about the region’s investment opportunities.

The Pif Paf group is one of the largest in the Brazilian state of Minas Gerais, Brazil’s third richest state after Sao Paulo and Rio de Janeiro. The group exports to several African countries, South America, Eastern Europe and Russia. (macauhub)