Macau wants to help Greater Bay companies enter foreign markets

Macau will be able to serve the cities of the Guandong – Hong Kong – Macau Greater Bay by opening them to the outside and exploring markets in Portuguese-speaking countries, markets included in the Belt and Road initiative and international ones, the secretary for the Economy and Finance of the Macau Government said on Thursday.

Speaking at the opening ceremony of the 24th Macau International Fair and the Exhibition of Products and Services of Portuguese-Speaking Countries (Macau) 2019 (PLPEX), Leong Vai Tac said that this possibility is presented in conjunction with the concept of “+Macau” and with language and culture as ties, economic and trade cooperation as its theme, professional services as its support and common development as its goal.

The Secretary gave assurances that Macau will remain committed to raising the level of convention and exhibition services and its international competitiveness, maximising the synergies and guidelines for the convention and exhibition sector to provide local and foreign businesses and trade promotion institutions with an effective platform and facilitate the development of appropriate diversification of the local economy and its performance as a platform.

On the first day of the MIF, the 9th Trade and Industrial Development Summit of Jiangsu Province, Macau and Portuguese-speaking Countries and the Jiangsu–Macau–Cabo Verde Cooperation Forum were held.

The exhibition area of this year’s MIF is about 24,000 square metres and has almost 1,500 exhibition stands, as well as the themed pavilions of Cabo Verde and Jiangsu Province, which this year are the guest country and province.

This year’s edition of PLPEX, in its turn, occupies an area of about 6,000 square metres, with approximately 250 exhibition stands. For the first time, the Exhibition Area of the Work of the China-Portuguese-speaking Country Cooperation Platform was created to present Macau’s role as a platform and bridge in promoting cooperation between the parties. (Macauhub)