Macau: Macau business mission travels to Brazil and Mozambique

20 August 2008

Macau, China, 25 July – A business mission from Macau organised by the Macau Trade and Investment Promotion Institute (IPIM) is due to travel to Sao Paulo, Brazil on 23 August, to take part in a seminar on business opportunities and bilateral investment. Part of the mission will later head off for Mozambique to take part in Facim, Mozambique’s biggest business fair.

The mission, which totals 14 local business people is headed up by Echo Chan, Ipim’s second most senior official, and will also take part in contact meetings for trade and investment.”

The seminar and contact meetings will take place on 26 August jointly organised by Ipim and the Sao Paulo Commercial Association and will cover the sectors of food, clothing, chemical and pharmaceutical products, fairs and expositions, construction, electronic and cosmetics, according to a statement issued by the Brazilian organisers.

After Brazil seven of the businesspeople will travel to Maputo to take part in Facim, the MOzambique Business Fair, where Ipim will have a stand representing Macau.

According to IPIM, this mission aims to explore the markets of the Portuguese-speaking countries, making sue of Macau’s role as a services platform for economic and trade cooperation between China and the Portuguese-speaking countries and boost economic and business relations between these countries.

Recently a mission from the Macau Forum for Economic and Trade Cooperation between China and the Portuguese-speaking countries visited Brazil to promote bilateral cooperation.

The Sao Paulo Trade Association (ACSP) said in June it planned to open a representative Office in Macau to support small and medium-sized Brazilian companies that want to work in the People’s Republic of China, which will be located in the Macau Business Support Centre of the Macau Trade and Investment Promotion Institute.

Macau is a fundamental factor for carrying out Brazil’s objectives of increasing exports to China, the Brazilian secretary for foreign trade, Welber Barral said on a recent visit to Macau.

“The cultural proximity between Brazil and Macau and the logistic possibility of the territory as a services city is being publicised in Brazil in order that it be used as a gateway for Brazilian companies into the Chinese market,” said Barral, who was in Macau heading up a mission from the Brazilian government. (macauhub)