Portuguese distribution center in China expected to be operational in 2007

18 August 2006

Lisbon, Portugal, 18 Aug – Negotiations to create a distribution center for Portuguese products in China are still ongoing though they are expected to finalize by the end of this year, Santana Carlos, the Portuguese ambassador to China, told Diário Economico.

“Negotiations are still ongoing though the aim is to have agreement concluded by the end of this year so that the distribution center can be operational next year,” Carlos said.

Diário Economico also contacted a source at Portuguese export promotion agency ICEP, who said that there may be developments in terms of Portuguese partners in September, the month when Macau holds its International Fair and a conference for the economic and trade ministers of the Macau Forum.

The distribution center, which will be built with a triangular structure, will have two Portuguese partners (a private and a state-owned company), and a Chinese partner, namely Nam Kwong, a trading company that comes from the south of China and is present in Macau. (macauhub)