Macau can help Guinea-Bissau to attract investment from China

1 July 2016

Agriculture, fishing, tourism and mining are priority areas where Chinese companies can invest in Guinea-Bissau, said Thursday in Macau a delegate of Macau Forum from the West African country.

Malam Becker Camara also said during a seminar on Guinea-Bissau organised by the Macau Trade and Investment Promotion Institute (IPIM) jointly with the Permanent Office of the Forum for Economic and Trade Cooperation between China and Portuguese Speaking Countries (Macau), the Macau platform can help with the internationalisation of products from their country.

The director of IPIM, Gloria Ung, said that in Guinea-Bissau there is “a vast area for cooperation with companies from China and Macau.”

“Chinese companies can use Guinea-Bissau as a platform and base for developing cooperation and for development with other countries in West Africa in order to access the markets of the Economic Community of West African States,” said Ung.

In her speech Ung recalled that along its coast Guinea-Bissau has large untapped oil and gas reserves.

In April 2014, the “Meeting of Businesspeople for Economic and Trade Cooperation between China and Portuguese Speaking Countries” was held in Guinea-Bissau for the first time. (macauhub/CN/GW/MO)

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