Chinese and Portuguese-speaking business forum promotes business opportunities in Cape Verde

18 June 2012

The 8th Forum of Businesspeople for Cooperation between China and the Portuguese-speaking Countries that began Sunday on Sal Island is a unique opportunity to promote investment opportunities in Cape Verde, said the chief executive of Cabo Verde Investimentos.

Cited by the Cape Verdean press, Nuno Miguel Martins explained that businesspeople from participating countries had been making efforts in this respect, particularly in the banking sector.

Speaking at the beginning of the meeting, the Cabo Verde Investimentos CEO said that the participation of the China Development Bank was the most anxiously awaited as it was scheduled to present the Forum Macau Development Fund, which could fund both public and private projects.

Martins noted there had also been clear interest shown by a number of Chinese companies particularly in the fishing and naval protection sectors.

Cape Verdean businesspeople are out in force at the meeting in Sal, notably airport and air safety company Empresa Nacional de Aeroportos e Segurança Aérea, ports company Empresa Nacional de Administração dos Portos (Enapor) and construction and infrastructure companies, as well as Cape Verdean banks.

The meeting is also attended by a number of tourist real estate companies such as the Resort Group, tour operator and travel agencies, as well as national airlines (TACV and Halcyonair), hotels, and State institutions and services.

This edition of the Forum for Economic and Trade Cooperation, which is the second to be held in Cape Verde since the Forum was set up in 2003, is attended by between 300 and 400 businesspeople from the eight Portuguese-speaking countries, as well as Macau, and China.

The meeting, which is entitled, “Integrated Investments for Sustainable Tourism Development,” is part of the Plan of Action for Economic and Trade Cooperation, and ends on Tuesday 19 June. (macauhub)