Three Forum Macau centres to open by 2016

7 November 2013

The Macau government expects to see “practical results” from setting up three centres in the region to promote cooperation between China and the Portuguese-speaking countries, the Macau secretary for the Economy and Finance said Wednesday.

Francis Tam Pak Yuen was discussing some of the proposals put forward Tuesday by Chinese deputy Prime Minister Wang Yang that were also included in the plan of action of the 4th Ministerial Conference of Forum Macau.

According to the plan of action, Macau has been charged with local organisation of specialist fairs for the Portuguese-speaking markets, and with encouraging participation of governments and companies from member countries in the International Infrastructure Investment and Construction Forum (IIICF).

The plan of action also proposes looking into setting up a Centre for Food Product Distribution to Portuguese-speaking Countries in Macau, as well as promoting the Special Administrative Region as a centre for arbitration of conflicts resulting from trade between companies from China and the Portuguese-speaking countries.

On the sidelines of a business meeting held Wednesday by Forum Macau, Francis Tam did not specify if the centres would be formally established, if companies would be involved or if the idea was merely conceptual.

“The government will make efforts, in coordination with the country’s responsible services, to move forward with the creation of the three centres announced as part of Forum Macau,” said Macau’s secretary for the Economy and Finance.

Francis Tam added that it was likely he could present some results before the next Ministerial Conference of Forum Macau, which is due to take place in the special administrative region in 2016. (macauhub)