Projects worth US$ 14.2 billion agreed at Macau-Zhuhai business meet

9 August 2007

Macau, China, 9 Aug – Projects valued at over US$ 14.2 billion were agreed during the Macau-Zhuhai business and investment seminar held in May, media have reported.

Macau Business said in its latest edition that firms from Macau will invest in 3,480 projects worth a combined US$ 1.5 billion. A Zhuhai official said investment from Macau represents around a fifth of total overseas investment in the mainland Chinese city.

About 1,000 business chiefs attended the May seminar, which was supported by chambers of commerce from Macau, Hong Kong, Taiwan, the United States, Japan and Australia.

Questions relating to the Zhuhai industrial parks were discussed at the seminar, as well as the Macau-Zhuhai Transfrontier Industrial Zone.

Zhuhai is home to the Nanping Industrial and Technology Park, the Sanzao Industrial and Technology Park and the Xinqing and Baijiao technological parks.

Port logistics, the heavy chemical industry and the IT industry were also discussed by Macau and Zhuhai business leaders during May’s seminar. (macauhub)