Macau-Zhuhai cross-border industrial park opens Friday

6 December 2006

Macau, China, 06 Dec – The Macau-Zhuhai cross-border industrial park is set to be opened Friday, on the same day as the Guangdong-Macau Cooperation Conference, to be held in Zhuhai, officials said.

According to Tuesday’s edition of Tribuna de Macau, the head of the Macau government, Edmund Ho and governor of Guangdong province, Huang Huahua, will attended the inauguration ceremony of the park, which began to be built in December 2003 after the Central Government approved the project.

On the Macau side just one industrial building has been built, with a total area of 55,993 square meters, which ahs already been rented by 21 investors.

The ten-storey building is the first of eight which, for now, have been projected for the Macau side of the park.

On the Zhuhai side over 200 companies have been registered, of which 30 are investors from Macau. According to the figures provided, three companies are from Hong Kong and there have also been investments from Taiwan and foreign countries.

The fact that the cross-border post is open 24 hours per day is one of the advantages. Since Beijing approved the project on October 18, the authorities have carried out over a month and a half of tests on the efficiency of this border, and have been satisfied with the results.

The Cross-Border Zhuhai-Macau Industrial park, the first of its kind in China, was set up by the Chinese State Council in 2003 and has an area of 0.4 square kilometres and includes part of the Maoshengwei, in the Gongbei area of Zhuhai and Macau’s Ilha Verde.

The Guangdong-Macau Cooperation Conference serves to assess bilateral cooperation between the two areas, particularly in terms of the results and experiences from applying the system of annual meetings, since 2003, and to study other measures to boost cooperation further. (macauhub)