Chinese companies interested in setting up in Portugal

14 February 2007

Beja, Portugal, 14 Feb – Small and medium-sized Chinese companies are interested in setting themselves up in the future Beja logistics platform in order to enter the European market, the president of the Association of Industry and Commerce of the Chinese in Portugal (AICCP) said Tuesday in Beja.

“There are small and medium-sized Chinese companies, with difficulties to enter the European market, that have already shown interest in leaving China and setting up in Portugal,” said Y Ping Chow.

The president of the AICCP was speaking to journalists in Beja after the signing of a protocol to promote the logistics platform for supply and distribution of Chinese products to Europe that the association wants to set up next to the future Beja airport.

The AICCP’s project plans to build a business park with all the necessary facilities to make it a logistics platform, which would serve Beja airport and the port of Sines.

The park, which will be over 100 hectares in area, “should be operational in 2008,” when Beja airport is expected to be operating.

As well as creating a logistics platform, the AICCP also plans to “set up, in the park, factories for products of companies from China and which are destined to be sold on the European market.”

In order to promote the project and attract investment from China and other countries from the Far East, the Beja local authority Wednesday signed a cooperation protocol with the AICCP, which also includes as partners the local business association Associação Empresarial do Baixo Alentejo e Litoral (AEBAL), and airport development company, Empresa de Desenvolvimento do Aeroporto de Beja (EDAB).

Noting that, “the companies will not come without having good conditions,” Y Ping Chow said that the AICCP would draw up a master plan for the project and “try to set up the best conditions,” with low costs for setting up the companies and distributing the products to “attract businesspeople” interested in setting up in Beja. (macauhub)