International forum in Macau leads to 120 agreements

8 June 2015

The 6th International Forum on Infrastructure Investment and Construction ended with the signing of about 120 agreements for projects involving US$2.5 billion, according to the event’s organisers.

The forum was attended by over 1,000 participants from 15 countries and territories, including Latin America and the Caribbean, as well as from Portuguese-speaking countries.

Of the agreements signed during the two-day forum, which ended Friday, four were signed by Macau firms for infrastructure construction projects in African countries, including Mozambique and Guinea-Bissau.

The next edition of the International Forum on Infrastructure Investment and Construction will take place on 2 and 3 June 2016.

The president of the Macau Engineering and Construction Association, Tang Hon Cheong said that partnerships with Chinese and Portuguese companies were an asset to facilitate development projects in Portuguese-speaking countries.

“There are Chinese companies that have been based in Macau for years (…) and even Portuguese companies – because Macau is the platform between China and Portuguese-speaking countries – we have good contact networks of lawyers and import and export business offices, so there is the possibility of partnerships with major Chinese companies to attack the market in the Portuguese-speaking countries,” he said.

Tang Hon Cheong was speaking at the closing of the 6th International Forum on Infrastructure Investment and Construction, which included the Ministerial Meeting on Infrastructure between China and the Portuguese-speaking countries. (macauhub/CN/MO/PT)