Prime Minister of São Tomé and Príncipe calls for investment by Chinese companies

São Tome’s Prime Minister called on participants in the 14th business meeting between China and Portuguese-speaking countries to invest in the archipelago, “making it a strategic and benchmark platform in the Gulf of Guinea,” according to local press reports.

Jorge Bom Jesus, quoted by the STP Press news agency, asked about 200 businesspeople from China and the Community of Portuguese Speaking Countries (CPLP) to look at the range of opportunities São Tomé and Principe offers, mentioning the port and the airport, as well as telecommunications, tourism, agro-industry and oil exploration.

“To the Chinese entrepreneurs present in this forum, know that São Tomé and Príncipe opens its doors and, through them, the subregion of the Gulf of Guinea to Chinese investment,” said the prime minister, adding that the challenge is also set out to the CPLP, the Portuguese-Speaking African Countries (PALOP), the Economic Community of Central African States (ECOCAS) and the European Union.”

The director of the Promotion, Trade and Investment Agency (APCI), Rafael Branco, said in his speech that over two days, in various forms, times and scenarios, “we will present you with business opportunities in the tourism and hospitality sectors, agriculture, fisheries and processing, trade and industry, infrastructure, public works, new technologies, services and others.”

In addition to the prime minister and the director of the Promotion, Trade and Investment Agency, the opening ceremony included a speech by the President of the Macau Trade and Investment Promotion Institute (IPIM), Irene Va Kuan Lau, and Deputy Secretary-General of the Permanent Secretariat of Forum Macau, Ding Tian.

This is the first time São Tomé and Príncipe has hosted this rotating meeting between China and Portuguese-speaking countries that began in 2005, organised by the Council for the Promotion of International Trade in China and the Macau Trade and Investment Promotion Institute. (Macauhub)

MACAUHUB FRENCH